Bank Failures-How to Protect Yourself.

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Category:

News & Politics

Tags:

• banking
• bank
• failure
• fdic
• Bernanke
• $700
• billion
• bailout
• crisis
• 2008
• depression
• stock
• crash

[GobalHoldingsLLC]

cannot spread it out amoung mutliple accounts it is $250,000 per person

you can create a company and put a joint account on it

[GobalHoldingsLLC]

they do not have to give oyu all the money at once if they want they can give you $750 a month until it is paid off

[GobalHoldingsLLC]

if you have $250,000 in bank you are better off buyind discounted notes get around $600,000 in notes that pay around 10% interest

I brought a pool of notes worth $50,000 paid $20,000 for it I get 10% interest only for the next 15 years then the note is still worth $50,000 might discount it to $40,000 if the owner of the property would refi it

[stonecoldjason]

treasure nots now do not even pay interest

the best thing to buy to keep your investment secure is TAX LIEN CERTIFATES in florida get %18% interst your balanace is safe secure agaisnt the property

[stonecoldjason]

FDIC ony has to pay you a certain amount each year. If you have $100,000 in a bank FDIC insured and it goes under try getting it out that day you cannot

[doobsta]

FDIC is a joke, they raised the limit to 250K.

think of it as a false reasssurance....just keep the money in the bank, thats what they want you to do.

think long, think hard....

[VORTREKER1518]

What you say is correct--no one has lost money in an FDIC account--but depositers lost 10 million in Pasadena---be careful of your words

[lovellysaso]

nice

[shakaama]

what's a credit fault swap?

[sheetsy]

you have the prettiest blue eyes!