Home › Forums › Financial Markets/Economics › is your bank safe?
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jpinpb.
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March 7, 2008 at 8:38 AM #165774March 7, 2008 at 6:32 PM #165836
privatebanker
ParticipantThe FDIC will insure up to $100k per social security number per institution. What you can’t do is open a bunch of $100k CDs at the same bank thinking you’re OK.
As for home prices in Fallbrook, the well is drying up everywhere, be patient. The recent disconnect from Treasuries and mortgage rates spells trouble. Heck, even Rancho Santa Fe is falling…
March 7, 2008 at 6:32 PM #166153privatebanker
ParticipantThe FDIC will insure up to $100k per social security number per institution. What you can’t do is open a bunch of $100k CDs at the same bank thinking you’re OK.
As for home prices in Fallbrook, the well is drying up everywhere, be patient. The recent disconnect from Treasuries and mortgage rates spells trouble. Heck, even Rancho Santa Fe is falling…
March 7, 2008 at 6:32 PM #166161privatebanker
ParticipantThe FDIC will insure up to $100k per social security number per institution. What you can’t do is open a bunch of $100k CDs at the same bank thinking you’re OK.
As for home prices in Fallbrook, the well is drying up everywhere, be patient. The recent disconnect from Treasuries and mortgage rates spells trouble. Heck, even Rancho Santa Fe is falling…
March 7, 2008 at 6:32 PM #166165privatebanker
ParticipantThe FDIC will insure up to $100k per social security number per institution. What you can’t do is open a bunch of $100k CDs at the same bank thinking you’re OK.
As for home prices in Fallbrook, the well is drying up everywhere, be patient. The recent disconnect from Treasuries and mortgage rates spells trouble. Heck, even Rancho Santa Fe is falling…
March 7, 2008 at 6:32 PM #166252privatebanker
ParticipantThe FDIC will insure up to $100k per social security number per institution. What you can’t do is open a bunch of $100k CDs at the same bank thinking you’re OK.
As for home prices in Fallbrook, the well is drying up everywhere, be patient. The recent disconnect from Treasuries and mortgage rates spells trouble. Heck, even Rancho Santa Fe is falling…
October 3, 2008 at 7:02 PM #280781jpinpb
ParticipantAfter recent banking turmoil, I revive this thread.
Where is a good place to park cash? Is any bank safe? Does it even matter, since the dollar is getting so worthless?
October 3, 2008 at 7:02 PM #280841jpinpb
ParticipantAfter recent banking turmoil, I revive this thread.
Where is a good place to park cash? Is any bank safe? Does it even matter, since the dollar is getting so worthless?
October 3, 2008 at 7:02 PM #280830jpinpb
ParticipantAfter recent banking turmoil, I revive this thread.
Where is a good place to park cash? Is any bank safe? Does it even matter, since the dollar is getting so worthless?
October 3, 2008 at 7:02 PM #280788jpinpb
ParticipantAfter recent banking turmoil, I revive this thread.
Where is a good place to park cash? Is any bank safe? Does it even matter, since the dollar is getting so worthless?
October 3, 2008 at 7:02 PM #280508jpinpb
ParticipantAfter recent banking turmoil, I revive this thread.
Where is a good place to park cash? Is any bank safe? Does it even matter, since the dollar is getting so worthless?
October 3, 2008 at 7:31 PM #280791Coronita
Participant[quote=jpinpb]After recent banking turmoil, I revive this thread.
Where is a good place to park cash? Is any bank safe? Does it even matter, since the dollar is getting so worthless?[/quote]
Honestly, i think your good bets are.
1)BAC
2)Wells Fargo
3)Washington MutualYou might be wondering about #3. But the reasoning goes along with
a) lightening doesn’t usually strike twice in the same space
b) or statistically, the safest airline to fly is the one that just had a disaster the day before (minus China Airlines, which has more than exceeded statistics by it’s own virtues)BTW: i think the FDIC insurance was just raised to $250k.
October 3, 2008 at 7:31 PM #280798Coronita
Participant[quote=jpinpb]After recent banking turmoil, I revive this thread.
Where is a good place to park cash? Is any bank safe? Does it even matter, since the dollar is getting so worthless?[/quote]
Honestly, i think your good bets are.
1)BAC
2)Wells Fargo
3)Washington MutualYou might be wondering about #3. But the reasoning goes along with
a) lightening doesn’t usually strike twice in the same space
b) or statistically, the safest airline to fly is the one that just had a disaster the day before (minus China Airlines, which has more than exceeded statistics by it’s own virtues)BTW: i think the FDIC insurance was just raised to $250k.
October 3, 2008 at 7:31 PM #280518Coronita
Participant[quote=jpinpb]After recent banking turmoil, I revive this thread.
Where is a good place to park cash? Is any bank safe? Does it even matter, since the dollar is getting so worthless?[/quote]
Honestly, i think your good bets are.
1)BAC
2)Wells Fargo
3)Washington MutualYou might be wondering about #3. But the reasoning goes along with
a) lightening doesn’t usually strike twice in the same space
b) or statistically, the safest airline to fly is the one that just had a disaster the day before (minus China Airlines, which has more than exceeded statistics by it’s own virtues)BTW: i think the FDIC insurance was just raised to $250k.
October 3, 2008 at 7:31 PM #280840Coronita
Participant[quote=jpinpb]After recent banking turmoil, I revive this thread.
Where is a good place to park cash? Is any bank safe? Does it even matter, since the dollar is getting so worthless?[/quote]
Honestly, i think your good bets are.
1)BAC
2)Wells Fargo
3)Washington MutualYou might be wondering about #3. But the reasoning goes along with
a) lightening doesn’t usually strike twice in the same space
b) or statistically, the safest airline to fly is the one that just had a disaster the day before (minus China Airlines, which has more than exceeded statistics by it’s own virtues)BTW: i think the FDIC insurance was just raised to $250k.
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