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View Poll Results: How much money do you have in personal bank account(s)?
less than 100k total 17 94.44%
more than 100k, but less than 100k in each individual account 1 5.56%
More than 100k in at least one account 0 0%
Voters: 18. You may not vote on this poll

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Old 10-02-2008, 05:28 PM   #1
MikeWaters
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Default Do you have a personal bank account with more than 100k?

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Old 10-03-2008, 02:29 PM   #2
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are the respondents poor?
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Old 10-03-2008, 02:45 PM   #3
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Quote:
Originally Posted by MikeWaters View Post
are the respondents poor?
Yes
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Old 10-03-2008, 02:51 PM   #4
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If we had more Asians here, the number of big savers would be higher. As it is, we have a bunch of haoles who live hand to mouth.
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Old 10-03-2008, 03:15 PM   #5
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1. Most of us aren't that old
2. Most of us don't have our assets tied up in bank accounts
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Old 10-03-2008, 03:17 PM   #6
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Quote:
Originally Posted by Indy Coug View Post
1. Most of us aren't that old
2. Most of us don't have our assets tied up in bank accounts
what percent of your money is liquid? (i.e. savings and money-market)
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Old 10-03-2008, 03:20 PM   #7
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Single biggest asset is equity in my home. Next biggest is 401k. Third biggest is my savings account but it ain't even close to my 401k balance. I'm not very liquid at this stage in my life.
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Old 10-03-2008, 03:25 PM   #8
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Quote:
Originally Posted by BigFatMeanie View Post
Single biggest asset is equity in my home. Next biggest is 401k. Third biggest is my savings account but it ain't even close to my 401k balance. I'm not very liquid at this stage in my life.
Do you pay "extra" into your home every month?

For me, roughly speaking, my equity in my home, 401k, and savings are about equal.

But I plan to buy another home, so that's why we have focused on savings.
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Old 10-03-2008, 03:53 PM   #9
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Quote:
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what percent of your money is liquid? (i.e. savings and money-market)
Actually, probably not enough.
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Old 10-03-2008, 05:57 PM   #10
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It seems to me that raising the FDIC limit to $250k is a pretty meaningless gesture - kind of like your typical American wedding these days. I don't know very many wealthy people, but the few I do know wouldn't even think of putting over $100k in a single account.

Those of you with financial acumen, is there really a non-symbolic usefulness to this act? If not, and we are truly in a "crisis", why are they wasting time on this type of nonsense?
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