Re: Bank Failures (Public Service Announcement)
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I thought everyone knew the $100k thing. Why would you keep that much money in a bank anyways? I keep several thousand in the "bank" at most, and the rest consistently gets shipped into a money-market paying ~5%. My bank only pays like 1.25%.
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There are a lot of 2+2ers who don't know the first thing about personal finance. Trust me on this one, because I used to be one of them.
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point well-made & well-taken...
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