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Financial expert phone bank
Posted: 10.01.2008 at 12:09 AM
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NBC 24 is helping to answer your questions during this financial crisis. 

Our panel of financial experts fielded your calls during Wednesday’s phone bank.

Hundreds of calls poured into our studios on a variety of financial topics.  

“A lot of people were asking about their 401K’s.  Are they safe?  Are they sound?  What should they do about them?  Should they sit tight, should they move them?  Things of that nature,” David Seeger-Great Lakes Credit Union, INC.

From 401K concerns to investment options, our panel helped to clarify during these confusing economic times.

"Over the long term volatility is the price we pay for long term growth.  The declines are temporary, but the advances are permanent,” Bill Harris-registered financial consultant.

Everyone’s personal situation is different.  Consult with a professional before making any major financial decisions.