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    Now its the American House of Representatives who have messed up - they turned down the package. Things are moving so fast, by the time you read this it may have changed yet again... I certainly hope so as a rabbit must be pulled out of the hat, sooner not later.

    What on earth is going on over there?

    I suggest that the best thing people can do is to make sure your deposits are spread, as I said before.

    As for equities, particularly collective funds, tough it out and dont lock in any losses by pulling out of the markets. A loss is only a loss if you crystalise it. Remember markets can move up as quickly as they can move down and what disturbs them most is uncertainty, one way or the other this uncertainty will be resolved.

    If you are worried do get advise in respect of your specific circumstances and dont make any rash decisions. Advisers may not have a handle on exactly what is going to happen but there are some well established core principals surrounding investments that can help steer people in the best direction.

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