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Forum » Silicon valley Bank stock down 60% today. Run on bank commencing
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Thread: Silicon valley Bank stock down 60% today. Run on bank commencing

post 1678701263 03-10-2023, 11:05 AM
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#31
  1. Destor
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Originally Posted By DrunkonMilk⏩
If you are an average person you won’t see a dime for years or none at all
Of the uninsured amounts? Insured deposits are being paid out by Monday.

This feels like ammunition for not just having a massive pile of cash sitting in one bank. Looking at my bank's insurance coverage, you're insured up to certain amounts in each asset category.
post 1678701613 03-10-2023, 11:11 AM
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#32
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Originally Posted By Destor⏩
Of the uninsured amounts? Insured deposits are being paid out by Monday.

This feels like ammunition for not just having a massive pile of cash sitting in one bank. Looking at my bank's insurance coverage, you're insured up to certain amounts in each asset category.
Yes, the uninsured. You can always keep your cash in duffel bags.
http://forum.obnoxiousbrutes.com/showthread.php?t=159810801
post 1678702033 03-10-2023, 11:18 AM
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#33
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Originally Posted By DrunkonMilk⏩
Yes, the uninsured. You can always keep your cash in duffel bags.
I'm thinking more keeping it in chunks in different institutions, or up to the insured limit in cash and then additional in treasuries or other asset classes, diversify into real estate with excess cash, etc etc

Not sure if you can pay for extra insurance on this type of stuff or what
post 1678702373 03-10-2023, 11:23 AM
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#34
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Originally Posted By Condo41⏩
Do yourself a favor and get at least 1 GME share.

They are the way.
make sure to buy it on computer share since other brokers might lend your share out
Ambatukam!!!!!

Active Duty CoD Operator

Crypto expert
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