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March 7, 2008 at 8:38 AM #165774March 7, 2008 at 6:32 PM #165836privatebankerParticipant
The 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 #166153privatebankerParticipantThe 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 #166161privatebankerParticipantThe 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 #166165privatebankerParticipantThe 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 #166252privatebankerParticipantThe 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 #280781jpinpbParticipantAfter 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 #280841jpinpbParticipantAfter 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 #280830jpinpbParticipantAfter 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 #280788jpinpbParticipantAfter 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 #280508jpinpbParticipantAfter 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 #280791CoronitaParticipant[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 #280798CoronitaParticipant[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 #280518CoronitaParticipant[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 #280840CoronitaParticipant[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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