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View Full Version : If I had over $100,000



Milk man
07-15-2008, 06:43 PM
I wouldn't have it one account. I've know that since I was a small boy.

I think each account is insured up to $100,000. I don't know if it is multiple accounts at one bank or you have to have several banks.

But who would have more than $100,000 liquid in a bank?

Maybe I'm missing something.

One guy said he didn't trust the bank because his stock in the bank tanked. Stocks are investments. Different than checking and savings accounts.

mrs reb77
07-15-2008, 06:45 PM
It's per account.

I don't think I have to worry about this any time soon :o

acmanko
07-15-2008, 06:47 PM
I've got mine spread out between several banks, but I am in the process of removing it as fast as possible and putting it in a safe deposit box.

Milk man
07-15-2008, 06:48 PM
Well I was going to call you, Robo, Dice, and Benncool for advice.;)

mrs reb77
07-15-2008, 06:48 PM
Send it to me, I'll watch over it for you! ;)

Milk man
07-15-2008, 06:49 PM
I've got mine spread out between several banks, but I am in the process of removing it as fast as possible and putting it in a safe deposit box.

Yea, what are those people doing with their money once they get it?

acmanko
07-15-2008, 06:50 PM
well, the present situation is penalizing people who have scrimped and saved and its better to just stuff it away unseen. I have thought of peer to peer lending.

mrs reb77
07-15-2008, 06:52 PM
I have some Mississippi riverbank land you could invest in.

After we scrape it out of all the houses that is....:D

acmanko
07-15-2008, 07:00 PM
well, I've got some Tennessee River land I want to bury it in:rolleyes:

TurdL
07-15-2008, 11:15 PM
this forum screams VEGAS!!!!!!!!!!!!!!