Girl who dances in a cage (cagekitten) wrote,
Girl who dances in a cage
cagekitten

Waiting...waiting...waiting to see what happened to my money.

I just got off the phone with AIG. Needless to say, their "investment professionals" are swamped with calls and will have to call me back. But I was not aware until fionn_mcgreggor's mom just me, that mutual funds are not FDIC insured. The darn account has not even been open for a year and had already lost 25% of its opening value by my last statement on September 30th. God only knows if there's anything left after the stock market crash. The only upside is that my particular fund is invested in companies like Microsoft and Google. But I have no idea if the government bail out included AIG and what the status is of my account. I did not want this in a mutual fund but I didn't know what a mutual fund was when I got it. Had I known, I would have moved it into a CD immediately.

Now I'm just waiting for the call back.
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