Well the Government is going to insure our bank balances for a piddley 20 grand. Ha! Well it’s okay for me because being the compulsive spender that I am, my bank balance falls well short of the allotted guarantee. To be honest I am inching towards that amount and it probably leaves me with some assurance that the little savings I do have is reasonably safe. But what reasonably safe means is still no where near clear in these dire times.

When the powers that be, try and instil a message that our banks are safe, is that just empty rhetoric or are our banks immune to the selfish desires that other international banking entities have been devoured by? In my mind, now is the time to be investing in the stock market, when the fear takes a strangle hold of investors then it is time to stock up on the bargain priced shares that they are trying to off load. Of course the risk is greater because one can never be sure if the downturn won’t bankrupt the would be investment but you probably shouldn’t be in the market if you can’t afford to lose.

I’ve been tempted to explore a new strategy and buy some stocks but I have absolutely no idea of what I’m doing in that arena. But it might be fun to see if I can score some easy money if I could pull the winning number out of the hat. But that would be just gambling now wouldn’t it? And gambling is a sinful and decrepit disease is it not? Like so many other behaviours that are founded in the debauchery self indulgence that have become the mainstay for 12 step cult religion.

I will probably play it safe and keep my money in the bank but who knows, perhaps it is no safer than anything else in these uncertain times.