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2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

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54114445 No.54114445 [Reply] [Original]

The mega brain move is actually to keep 50% of your money in the bank.

>you are still removing money from the bank
>you are leaving money in the bank which FDIC must insure and might have to print for you in the case of a shortage

Or, is withdrawing 100% the smarter move?

>> No.54114465

>>54114445
but your whole $100 will be FDIC insured if you keep them in the bank, chud. just do what you do best: nothing.

>> No.54114490

>>54114465
>Demoralize jutsu, go!

Glowie-san...your jutsu is very weak.

>> No.54114530

Forgot to add to my OP

>which of these would most increase the amount of money printed thus increasing BTC's price?

>> No.54114601

>>54114490
Cringe

>> No.54114695
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54114695

>>54114445

No. The mega-brain move is to keep enough cash in your checking account to cover your expenses if you lose your job for 6 - 12 months, or for an emergency. Then take the rest and either buy Treasury Bills, put it in a money market fund (Government type), or invest it into specific mutual funds if you think the sector/fund is cheap.

>> No.54114744

Withdraw everything. Any money you keep in your bank isn't really your money. You don't have full control of it.

>> No.54116671

Bump

>> No.54116705

>>54114695
BROS