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Thread: Savings Account? Hardly: You're an unsecured creditor getting zippo interest

31st March 2013, 06:33 PM #21
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Re: Savings Account? Hardly: You're an unsecured creditor getting zippo interest

Originally Posted by zap

Ok so all you geniuses help me ! I have quite a bit in the bank for knothead, should I just get it out and convert it all to gold ? I am not talking about a little bit, please real ideas only.

Keep 1 year of expenses in cash. Anything above this can be converted to a mix of physical gold and silver, 50% of each in dollars. But if future cash flow is a risk, then more cash may be held.

Tricks and treachery are the practice of fools, that don't have brains enough to be honest. -Benjamin Franklin
Sincerity makes the very least person to be of more value than the most talented hypocrite. -Charles Spurgeon
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The Following 3 Users Say Thank You to mamboni For This Useful Post:

AndreaGail (31st March 2013),Carl (31st March 2013),zap (31st March 2013)