Question:

Should I take my money out the bank?

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Should I take my money out the bank?

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3 ANSWERS


  1. Do you have under $100,000?  If so, you're fully insured by the federal govt (FDIC).  Relax.


  2. Have you ever had a returned check and been charged $30.00 to $60.00 , or some other form of Bank Usery , By all means, They ( The Banks don't pay enough interest to warrent placing your money at risk, even if the funds are insured how quick would you be reimbursed if you needed the money, The way things are these days you would be better off buying and selling online and getting returns of 20%

    instead of paying someone to use your money, Their in business to make money off your money , If they can why can't you ? and you can control your exposure also. Look up  the old Jewish principal (Getting "turns of your money" where you consistantly roll over your principal and interest as many times as you can in a given period of time as fast as you can you would better understand why poor people use banks and rich people use their money, (Go to the library and get Rich Dad Poor Dad" It's interesting

  3. Yes and buy gold and silver coins in hand . Along with food and protection for you and loved ones .

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