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FDIC only $100,000?

Topic closed. 44 replies. Last post 8 years ago by psykomo.

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Republic of Texas
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Posted: September 21, 2008, 12:52 pm - IP Logged

Do not forget that CDARs are insured up to $50m.

face

singlewinnersinglewinnersinglewinner   

    DC81's avatar - batman39
    MI
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    Posted: September 21, 2008, 1:18 pm - IP Logged

    I dunno, if I were to have a underground bunker with a safe and everything, I think I'd use it for gold as well as other "precious metals" and gems. At least they should still be worth something even if our dollar becomes worth less than the paper it's made from.

    And this is actually something I've thought about before....

    You can't predict random.

      grengrad's avatar - nw rogue.jpg
      Raleigh
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      Posted: September 22, 2008, 12:40 am - IP Logged

      CDARS charges the banks a fee for this service. That fee in turn is then passed on to you in the form of a lower interest rate that you probably would have gotten on your own.

      If you really wanted to put $50 million in the bank, it would probably be worth it, because of the sheer number of accounts that you would have, but for smaller quantities of money, like lets say $2 million, it would almost certainly be better to go out and make the accounts yourself for maximum rates.

      The other thing to remember with CDARS is that this is for CDs only.

      If you want a large amount of cash to be fully liquid, this will not help you.

        guesser's avatar - Lottery-017.jpg

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        Posted: September 22, 2008, 2:43 am - IP Logged

        U.S treasury bonds. A 100,000.00 a piece. 

        Full faith backed up by the govt. The only way to NOT get your money is if the country went totally bankrupt. And almost 4 percent interest.

        Only way to go.

        If I am not mistaken, T-Bills went negative for a few hours a week ago Monday with the banking 'collapse'.

        You may need to go double-check your 4% quote, I don't think it's 4% today.

        And as far as I know, folks I know have different accounts in different banks, and they have accounts in their spouse's names and their children's names.  The banks view a different account AS a different account if the registered owner's SS NO is different.

        We should be so lucky to have to worry about this 'problem'.

          sirbrad's avatar - Lottery-062.jpg
          PA
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          Posted: September 22, 2008, 6:42 am - IP Logged

          Do not forget that CDARs are insured up to $50m.

          Yeah I covered those, but not all banks have them yet.

            psykomo's avatar - animal shark.jpg

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            Posted: September 25, 2008, 11:54 pm - IP Logged

            Yes, that is what Jesus would do.  He would also help his sisters and his mom.

            THANK's 4-UR >>>>savy on money>>>>>>>>>>jarasan:

            IF U R won a jackpot lottery today!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

            WE WOULD be in DEEP^^^^^^^DODO>>>>>>IF U R me

            WHERE in the "H" would U put D-MONEY>>>>>>$$$$$$$

            THANK's 2-U and Todd who realize this is a LP SUBJECT.

            LOL

            PSYKOMO

              psykomo's avatar - animal shark.jpg

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              Posted: October 1, 2008, 8:48 pm - IP Logged

              THANK's 4-UR >>>>savy on money>>>>>>>>>>jarasan:

              IF U R won a jackpot lottery today!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

              WE WOULD be in DEEP^^^^^^^DODO>>>>>>IF U R me

              WHERE in the "H" would U put D-MONEY>>>>>>$$$$$$$

              THANK's 2-U and Todd who realize this is a LP SUBJECT.

              LOL

              PSYKOMO

              FDIC raise's 2>>>2.......$250 KKK

              O'BAMA raise's UR>.......TAXE'$$$

              ???????????????????????????????

              WIN a jackwhat & GET WHACKED!

              GOD KNOW's HOW people who LOVE's people L@@K after>>>>>>>

              THEMSELVE'$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$$

              AFTER-ALL>>>>>>>>these JERK's have PREACHED 2 HELP all-Dee

              "LITTLE PEOPLE">>>>FOR MORE than 50 >>>>>>AEON'$$$$$$$$

              LOL>>>>>>>>>>>>>JACKPOT 2222222>>>>>>ALL Lottery Post!

              PSYKOMO

                psykomo's avatar - animal shark.jpg

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                Posted: October 4, 2008, 3:16 am - IP Logged

                Do not forget that CDARs are insured up to $50m.

                I Agree!>>>>>>>>>>>>BUT>>>>>99% of DUMMIE'SSSSSSS don't READ

                UR  b@@K's>>>>>>>>DEMOCRAT's for DUMMIE'SSSSSSSSS<<<<<<<<

                THEY are HOPE'in>>>>PRAY'in FOR dee JIMMY O'OBAMA 2 BAIL dem out!

                SORRY bout DAT>>>>>JC will get RICHER$$$$$$$$$$$$$$$$$$$$$$$$

                O'BAMA bout DAT>>>>>2 >>>>>>RICH22$$$$$$$$$$$$$$$$$$$$$$$

                PLEASE>PLEASE>>>>>VOTE>>for UR INVITEION 2 white HOUSE??

                BUTT<<<<<<<<<<<<DON't WHOLE UR BREATH 4 moe dan 4-yr's

                LET'ssssssssssPARTY 4 (foe) OUR KANG!!!!!

                UR money is in D mail nless than 50 YEAR'$

                PartyNo Pity!No Pity!CoffeeCoffeeCoffeeNo Pity!No Pity!Jack-in-the-Box

                  JackpotWanna's avatar - squiz

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                  Posted: October 7, 2008, 11:10 am - IP Logged

                  Didn't they rise it to $250,000 recently?

                    grengrad's avatar - nw rogue.jpg
                    Raleigh
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                    Posted: October 7, 2008, 11:12 am - IP Logged

                    Didn't they rise it to $250,000 recently?

                    This was changed as part of the bailout bill that passed on Friday.

                      DC81's avatar - batman39
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                      Posted: October 7, 2008, 2:22 pm - IP Logged

                      Since banks are going to be a bit cash strapped, interest rates on CDs might rise too. Though I think I'd still rather invest in something that isn't just a piece of paper that could end up being worthless. Only problem is that I'd need a secure underground bunker that only I know about to put all the gold in. Absurd? Yes, I know it is.

                      You can't predict random.

                        time*treat's avatar - radar

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                        Posted: October 7, 2008, 6:12 pm - IP Logged

                        Do not forget that CDARs are insured up to $50m.

                        When they can "insure" the purchasing power of those $$$, I'll be impressed. Evil Smile

                        In neo-conned Amerika, bank robs you.
                        Alcohol, Tobacco, and Firearms should be the name of a convenience store, not a govnoment agency.

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                          Posted: October 7, 2008, 10:55 pm - IP Logged

                          heck they might now even be able to insure that much the fdic has been reported to have 45 billion in assets divide that by 300millions people that's 150 per person

                            psykomo's avatar - animal shark.jpg

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                            Posted: October 10, 2008, 7:58 pm - IP Logged

                            Since banks are going to be a bit cash strapped, interest rates on CDs might rise too. Though I think I'd still rather invest in something that isn't just a piece of paper that could end up being worthless. Only problem is that I'd need a secure underground bunker that only I know about to put all the gold in. Absurd? Yes, I know it is.

                            SILVER coin's>>>>R>>>>GOLD coin's are alway's>>>>>>>>>G@@D!!!!!!!

                            IF U OWN some of these asset's$$$$$$$$$$....it's a good bet UR better><

                            than O'BAMA's school record's?????????????????????????????????????????

                            TRUST O'BAMA>>>>>HE WON"T RELEASE HEALTH R SCHOOL record's!!!!!!!

                            don't trust McCain<<HE released all health & school!!!!

                            Thinking of...??? BUTT>>>>PSYKOMO want's ASAP$

                            before I lose my VETT 2-D>>>>REPO<<<reper-man!!!!!

                            O'BAMA>>>>>>>I need the CA$H ASAP >>>>>>>>

                            will it FALL from the SKY like manor R WHAT?

                            LOL

                            PSYKOMO 

                              psykomo's avatar - animal shark.jpg

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                              Posted: October 10, 2008, 8:24 pm - IP Logged

                              Maybe he knows something others should.  Maybe $$$ ...lol  ...  I have learned... $$$$ will not leave me... NO WAY  NO HOW...  Others beware.. lol   You can't Touch this....

                               

                               

                              NOT MY MONEY

                              THANK's TNT:

                              psykomo is crazy>all know datt>

                              lotta thing's have happened since UR

                              last POST>>>>>>right or WRONG!!

                              BUTT all know DATT>>>>>>>>>>>>>>>>>>>>>

                              I have bought gold & silver coin's >>>>>>>>>>>>

                              BUTT won't tell anyone where DARE-R-@@@@@@@

                              BUTT D G@@D NEW'$$ U will get "CHANGE">>>>>

                              ?????????????????>>>>2-U and ALL>>>>>>>>>?

                              DO-U-LIKE nickles>>dimes>>R>>QUARTER>>>>?

                              TOWSED out 4-UR >>VOTE'sssssssssssssssssssss?

                              DON't worry>>>>>>WEY for D "CHANGE">>>!!

                              then we can all GO out 2 VEGAS & play D SLOT'$$

                              LOL>>>>>>>>>>>>O'BAMA will "CHANGE" you!

                              psykomo