Take Your Money Out of the Bank

[Danke]

http://www.youtube.com/watch?v=M-2eJQqXm7s

[eduardo89]

I took my money out of the bank, now where do I send it?

[heavenlyboy34]

Reported to Big Sister for attempting to incite bank runs.

[heavenlyboy34]

I took my money out of the bank, now where do I send it?
HB34, of course.

[krugminator]

I took my money out of the bank, now where do I send it?

The Ron Paul Survival Kit is the obvious answer. http://www.flickr.com/photos/58372028@N00/6560359999/

"When the new money is imposed, every American family must have a Survival Kit of highly liquid, small-denomination silver and gold coints for hand-to-hand use in an emergency.

The Ron Paul Survival Kit - now an industry standard - comes in an official World War II U.S. Army Ammo-Holder. Warning: do not keep this ina bank, but only where you can get to it during a bank holiday."

[ClydeCoulter]

Unfortunately, my money is in an IRA, so taking it all out would mean a really large donation for Uncle. :(

[unknown]

I would like to but what if you have a size-able amount of money?

Its not practical.

[Henry Rogue]

http://www.youtube.com/watch?v=M-2eJQqXm7sInteresting Danke. I don't trust the big private banks, but I don't think a big public bank is a good solution either. I guess that is directed more towards municipalities anyway. Seems very Bill Stillish.

[qh4dotcom]

Unfortunately, my money is in an IRA, so taking it all out would mean a really large donation for Uncle. :(

Not if you seek asylum in Russia like Snowden did.

[oyarde]

http://www.youtube.com/watch?v=M-2eJQqXm7s

I think I have four accounts , one has $30 , one $92 , cannot remember the others , but probably less than $35. :) I am probably going to have to do something about that before I mail in Nov property tax checks .....I did visit the Southern most tip of my Empire the past three days though , making sure the boys have been working hard.They are doing well. What do you have parked in the bank Danke ?

[Acala]

Unfortunately, my money is in an IRA, so taking it all out would mean a really large donation for Uncle. :(

Do you think he is going to let you have that money back in the end?

[ClydeCoulter]

Do you think he is going to let you have that money back in the end?

If I drain it at a low level, the tax rate is lower (If I don't make too much otherwise). (And, after I turn 59 1/2 there won't be a 10% penalty, I'm 58 1/2 now).

[Seraphim]

You will pay tax on it anyway once your retirement comes. Just at a lower rate - the question is; is saving the spread worth the risk of keeping it tied up at this point in history?


I would like to but what if you have a size-able amount of money?

Its not practical.