The Legacy Saga
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In a bit of good news, we just received word that we can claim 2 of our accounts from the closed Legacy banks. It has been like 2 years of waiting. I am just happy that I will be able to get my money bank even though I won’t be getting it in full with one of my accounts. I did not lose any money though because add the profits I got beforehand and it is still the same amount as I invested before.
It is just irritating that the Legacy scandal was really a scam and the people behind it are still not behind bars. Pretty sure they are out there spending vacations using depositors’ money. I was apprehensive with this at first but when my cousin’s maturity period reached its climax, I thought that this was real. When I joined, it did not last long though, only about a year.
I thought investing it in banks is a good idea (even if the banks are legit) but I tell you, if you have the money, better invest it in land lots. The value skyrockets even further as years go by. Placing your money in banks is just for safekeeping purposes, not for increase in profits.
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This entry was posted on Friday, August 13th, 2010 at 8:44 pm and is filed under finance, life. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.
