2009 Bank Closures now at 74

Two more banks have been closed down by the Federal regulators. This is a sign of continuing financial difficulties and the need for smart savers to implements Safer Money Financial Strategies. Colonial Bank is a medium size bank with about $25 B in assets. This represents the largest bank to be closed this year. The other institution was a small Savings and Loan in PA.
In addition to this bad banking news all of the major indexes ended the week with a loss. The S&P finished the week down by 0.85%, the Dow ended down by 0.82% and the NASDAQ ended the week down by 1.19%

Considering the continuation of bad financial news does it make sense to take some portion of your financial assets and position them so you are protected form all mark risk but still get some upside market potential. Contact us to find out how to accomplish both of these things without assuming any market risk.

Visit the website for more information at www.columbusfinancialplanningpros.com

or our e-mail at

polarisfinancialservices@gmail.com