To: notdownwidems
Well think about something.
Most (if not all) of the biggest banks and brokerage houses simply do not have the cash to cover investors.
So you have to decide if you want your money sitting in an account that might never get cashed out, or get seized by the Feds, or whatever, and do what's appropriate.
37 posted on
08/27/2014 12:26:50 PM PDT by
djf
(OK. Well, now, lemme try to make this clear: If you LIKE your lasagna, you can KEEP your lasagna!)
To: djf
I think the FDIC only has about $11 billion to cover all the deposits.
40 posted on
08/27/2014 12:29:55 PM PDT by
laplata
(Liberals don't get it .... their minds are diseased.)
To: djf
Ok what I think is appropriate is cashing in this entire account ($40k or so), and buying silver, and BURYING IT SOMEWHERE...what are you going to do, if you don’t mind me asking?
42 posted on
08/27/2014 12:44:17 PM PDT by
notdownwidems
(Shellback pollywogs! U.S.S. William H. Standley, CG-32 1977-80)
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