Find the best financial services for you at: SMARTFINANCESOLUTIONS.NET - Will my mutual funds take a nose dive if the States declares bankruptcy? - I do not know a heck of a lot about investments, etc but I am looking to learn a little more. I have some of my savings in mutual funds and when I put my money into that type of an account I recall the financial advisor saying that it ebbs and flows based on the world's economy. If the States declares bankruptcy, which sounds quite plausible at the moment, will I lose all of my savings? Should I move it to a more stable type of account? -
