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0121stockpicker

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Aug 3, 2012
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This has sure ended up a long way from what I asked. Didn't ask anything about poverty or 3rd world. Asked if overseas trouble is coming here, and what happens to direct deposit if bands are shut down. Didn't intend to start a fight, just have some questions that I don't have the answers to, but I'm thinking about taking my money out of the bank. It's not collecting much interest to keep up with inflation or the deflated dollar, and there's not enough to do any good in the stock market so I might as well have it at home in case I need it.

Probably a lot more likely to be stolen from your house than lost at the bank. It is insured by FDIC at the bank. Banks are in a lot better shape now than they were a few years ago. I would have no worries.
 

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