Born2bwire
Diamond Member
- Oct 28, 2005
- 9,840
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Originally posted by: PrinceofWands
Originally posted by: xeemzor
Originally posted by: PrinceofWands
Since I don't use banks all of my money is always either on me, or in one of my storage locations. I try to keep it under 3-5k though...anything over that and I'll pick up a bit of metal. Having been out of a good income job for some time that's not really a threat, but it's my sop.
I don't understand why some people are just so afraid of banks. It's understandable for my Grandma to mistrust them after the Great Depression, but nowadays it's just silly. With FDIC insurance, you take zero risk and earn interest in savings and some checking accounts at the same time.
There's a lot more to it than bank failure. It's been covered on here many times, no reason to revisit it.
Afraid the Feds will freeze your drug money?