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Old 11-16-2007, 12:34 AM
brendanb438 brendanb438 is offline
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Join Date: Jan 2006
Location: Penalty Box at Covers
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Default Re: Are Any Non Mega Banks Safe Enough To Ignore 100K FDIC Limit?

I agree not to get a CD. Invest in other currency. Euros, Canadian $ or even British Pounds. Or somehow open a foreign account in the currency of your choice and get the going rate for a CD in that country. What are the odds that you put a Mill into a US CD and a year or 18 months or whatever from now the US $ depreciates > than the % you earned against 1 of those foreign currencies?
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