Well, I look at it this way: Let's say you "invested" $10,000 in some entity that had no collateral or equivalent to FDIC insurance.
And let's say you're hearing a lot of reports and seeing data that suggest the entity where you deposited said $10,000 is getting weaker and weaker, and if they go under, you lose everything.
You CAN pull your money out now, but there's a $300 "early withdrawal penalty," sort of like a 3% surrender charge.
Do you eat the $300 fee to ensure the safety of the rest of your money? Or do you stick it out and hope for the best, knowing you could lose it all?
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"Hey, for every ten dollars, that's another hour that I have to be in the work place. That's an hour of my life. And my life is a very finite thing. I have only 'x' number of hours left before I'm dead. So how do I want to use these hours of my life? Do I want to use them just spending it on more crap and more stuff, or do I want to start getting a handle on it and using my life more intelligently?" -- Joe Dominguez (1938 - 1997)
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