Is having more than 1 Million in the bank a bad idea? - GoFuckYourself.com

OnTime · 01-17-2005, 02:47 AM

Or is itt okay as long as you have most of your money in other areas?

CyberBachelor · 01-17-2005, 02:48 AM

you came to GFY to ask this question???

DutchTeenCash · 01-17-2005, 02:50 AM

send it to paypal and tell them its adult thats the best imho

bluff · 01-17-2005, 02:50 AM

Haha dude - let me guess - you're almost pissing your pants being as excited as you are about the idea of having 1+ million?

DutchTeenCash · 01-17-2005, 02:50 AM

wait did i mention yambo thats pretty cool too, its not an official bank so theyll surely know what to do with your million

xclusive · 01-17-2005, 05:48 AM

It's better spent on hookers...

Nicky · 01-17-2005, 05:52 AM

live large man, buy new cars and spend 10k on hookers and drugs every day, eventually you dont have to care too much about where to put your money

Dalai lama · 01-17-2005, 05:54 AM

no not at all

JayJay · 01-17-2005, 05:55 AM

I would withdraw the lot and chuck it straight under the matress with the rest ;)

Pornopat · 01-17-2005, 05:57 AM

Offcourse. What if they rob the bank? Then it is gone.
Better hide it under your bed. Or even better. Dig a hole in the garden and bury it. If you are lucky you might even grow a moneytree.

Napolean · 01-17-2005, 05:58 AM

i would keep it in paypal, where you know it will be safe from bank robbers

Entropy · 01-17-2005, 05:58 AM

i like to have my millions spread out

Jakke PNG · 01-17-2005, 06:01 AM

Quote:

Originally Posted by Pornopat

Offcourse. What if they rob the bank? Then it is gone.
Better hide it under your bed. Or even better. Dig a hole in the garden and bury it. If you are lucky you might even grow a moneytree.

Are you serious? You lose the money if they rob the bank? lol.

Kristian · 01-17-2005, 06:02 AM

Move to a country where $1million is a lot of money.
Go on a spending spree.
Go back to work.
Earn more money.

Corleone · 01-17-2005, 06:06 AM

Quote:

Originally Posted by Pornopat

Offcourse. What if they rob the bank? Then it is gone.
Better hide it under your bed. Or even better. Dig a hole in the garden and bury it. If you are lucky you might even grow a moneytree.

if somebody robs the bank he'll still get his money

Wiggles · 01-17-2005, 06:10 AM

Quote:

Originally Posted by TeenGodFather

Are you serious? You lose the money if they rob the bank? lol.

banks have insurance, never lose money.

Pornopat · 01-17-2005, 06:11 AM

Quote:

Originally Posted by TeenGodFather

Are you serious? You lose the money if they rob the bank? lol.

You did believe the part about the moneytree???

Pornopat · 01-17-2005, 06:12 AM

Quote:

Originally Posted by Corleone

if somebody robs the bank he'll still get his money

I know bro, I was just playing...

01-17-2005, 06:14 AM

I suspect if you really had $1,000,000 in the bank you would know this, but you might want to read this if you are paranoid about losing what money you do have to the bank:

http://www.bankrate.com/brm/green/sav/svgs1d.asp

strobi · 01-17-2005, 06:26 AM

Yes it's ok. If you have most of your money (like 99 mill in real estate) you can have 1 mill cash for sure.

IDIOT

Babagirls · 01-17-2005, 06:55 AM

i'd put in different accounts lol

SteveF · 01-17-2005, 06:59 AM

it's a horrible idea, feel free to transfer some to my account

hova · 01-17-2005, 07:03 AM

put some in the bank, invest some..........spend some

VeriSexy · 01-17-2005, 07:05 AM

Cash Is King

polish_aristocrat · 01-17-2005, 07:16 AM

how do you guys know he doesnt have a million+ ?

Scootermuze · 01-17-2005, 07:22 AM

Quote:

Originally Posted by Wiggles

banks have insurance, never lose money.

I think most banks insure accounts up to $100,000

But... I could be wrong...

Head · 01-17-2005, 07:31 AM

Quote:

Originally Posted by thinkx

send it to paypal and tell them its adult thats the best imho

Magg · 01-17-2005, 07:36 AM

If someone comes up on a lot of money in a short amount of time, why would they automatically know how to manage it?

Dirty-Dough · 01-17-2005, 07:37 AM

One million cents, you mean?

DeadFidel · 01-17-2005, 08:02 AM

A million is not what is was. I have that in real estate, the market, and savings, but I don't consider myself a millionaire. When you have 10, then maybe.
PS. I do have 100k in cold cash hidden some where, so I undersatnd your question.

ADL_JD · 01-17-2005, 08:04 AM

Not smart is the account is only 100k FDIC insured (US only).

XxXotic · 01-17-2005, 08:08 AM

Quote:

Originally Posted by Wiggles

banks have insurance, never lose money.

banks are usually only insured up to 100,000 per individual account, so if u have 500k and something happens and the bank goes under/out of biz yer out 400k cuz the bank's only insured to 100k. If a bank gets robbed, it doesn't make a damn bit of difference you wouldn't lose a dime banks are insured for things like that

check the banks FDIC insurance limits, anything over that limit is prolly best in another account or bank

bigdog · 01-17-2005, 08:09 AM

anyone who has a house in new york or cali is a millionare just sell your crib

Rui · 01-17-2005, 08:53 AM

You have 1 million in your bank account and come asking advice in GFY...now thats something lol

pxxx · 01-17-2005, 08:55 AM

Bank is not a bad idea.

Twe Russ · 01-17-2005, 08:58 AM

I would rather have collateral since it aint as easy to steal or get it taken by gov.
Yes I would have it under someone in my family's name.

Platinum Dave · 01-17-2005, 09:50 AM

Having 1 million in the bank is terrible.

You make no interest at all, and with inflation you are actually losing money

NinjaSteve · 01-17-2005, 09:52 AM

If you had $1mil in the bank you should
- split it between accounts so it's all insured
- invest some into CDs or the stock market
- get an IRA for retirement

Make your money work for you

Karupted Charles · 01-17-2005, 09:57 AM

Quote:

Originally Posted by Wiggles

banks have insurance, never lose money.

LOL as a x-Broker I can tell you your bank has 100,000 in Sipic insurance. If they get robed your account is only guranteed up to 100,000. This is only US banks i do not know what country you are in. You need to take out extra insurance or look into special accounts with higher guranteed protection.

Pornwolf · 01-17-2005, 10:01 AM

four letters - REIT

BradShaw · 01-17-2005, 10:08 AM

I agree, better spent on coke and hookers.

Nydahl · 01-17-2005, 10:12 AM

Quote:

Originally Posted by SPW Guru

LOL as a x-Broker I can tell you your bank has 100,000 in Sipic insurance. If they get robed your account is only guranteed up to 100,000. This is only US banks i do not know what country you are in. You need to take out extra insurance or look into special accounts with higher guranteed protection.

you can get some personal deal with insurance agencies but it costs you a lot.

Manowar · 01-17-2005, 10:13 AM

Quote:

Originally Posted by CyberBachelor

you came to GFY to ask this question???

Timbo · 01-17-2005, 10:35 AM

Quote:

Originally Posted by Platinum Dave

Having 1 million in the bank is terrible.

You make no interest at all, and with inflation you are actually losing money

What he said.

Illicit · 01-17-2005, 10:42 AM

Quote:

Originally Posted by Wiggles

banks have insurance, never lose money.

your only covered 100,000 per account

Hank_Heartland · 01-17-2005, 10:46 AM

Quote:

Originally Posted by Wiggles

banks have insurance, never lose money.

Your deposits are only insured up to $100,000 you loose $900,000+

I Like Chocolate · 01-17-2005, 10:54 AM

Your money in the bank is only as safe as the banks loans. Banks are likely to collapse in this downturn we are going to see start to develop in the next several years. The safest thing to do would be to buy gold and silver bullion actually.

pxxx · 01-17-2005, 10:59 AM

I didn't know we had Financial advisers at Gfy.lol

emthree · 01-17-2005, 11:10 AM

I expected retarded responses.
WTF is wrong with some of you guys? No wonder the board tone is allways childish.

OnTime:Should be NP in that, just make sure you're spreading it across accounts and assets. Never leave all your money in ONE spot.

DWB · 01-17-2005, 11:34 AM

:love-smil

01-17-2005, 02:47 AM	#1
OnTime Confirmed User Join Date: Dec 2001 Posts: 403	Is having more than 1 Million in the bank a bad idea? Or is itt okay as long as you have most of your money in other areas?

01-17-2005, 02:48 AM	#2
CyberBachelor Confirmed User Join Date: Jun 2003 Posts: 2,682	you came to GFY to ask this question??? __________________ .....................................

01-17-2005, 02:50 AM	#3
DutchTeenCash I like Dutch Girls Join Date: Feb 2003 Location: dutchteencash.com Posts: 21,684	send it to paypal and tell them its adult thats the best imho __________________ ICQ 16 91 547 - SKYPE dutchteencash bob AT dutchteencash DOT com ... did you see our newest Sweet Natural Girl Priscilla (18)?

01-17-2005, 02:50 AM	#5
DutchTeenCash I like Dutch Girls Join Date: Feb 2003 Location: dutchteencash.com Posts: 21,684	wait did i mention yambo thats pretty cool too, its not an official bank so theyll surely know what to do with your million __________________ ICQ 16 91 547 - SKYPE dutchteencash bob AT dutchteencash DOT com ... did you see our newest Sweet Natural Girl Priscilla (18)?

01-17-2005, 05:48 AM	#6
xclusive Too lazy to set a custom title Join Date: Apr 2004 Location: Buffalo, NY Posts: 35,218	It's better spent on hookers... __________________ I support MediumPimpin.com / Shemp's Outlawtgp.com /

01-17-2005, 02:50 AM	#4
bluff Too lazy to set a custom title Join Date: Jan 2004 Location: Bluffville Posts: 6,253	Haha dude - let me guess - you're almost pissing your pants being as excited as you are about the idea of having 1+ million?

01-17-2005, 05:52 AM	#7
Nicky Too lazy to set a custom title Industry Role: Join Date: Mar 2003 Location: Sweden Posts: 30,070	live large man, buy new cars and spend 10k on hookers and drugs every day, eventually you dont have to care too much about where to put your money __________________ gfynicky @ gmail.com

01-17-2005, 05:54 AM	#8
Dalai lama Strength and Honor Join Date: Jul 2004 Location: Europe Posts: 16,540	no not at all __________________ A program you can trust. Gallerybooster Run multiply TGPs of 1 script

01-17-2005, 05:55 AM	#9
JayJay Confirmed User Join Date: Jun 2002 Posts: 3,739	I would withdraw the lot and chuck it straight under the matress with the rest ;)

01-17-2005, 05:57 AM	#10
Pornopat AdultTubeSubmits.com Industry Role: Join Date: Dec 2003 Location: The Netherlands Posts: 10,598	Offcourse. What if they rob the bank? Then it is gone. Better hide it under your bed. Or even better. Dig a hole in the garden and bury it. If you are lucky you might even grow a moneytree. __________________ https://stripcash.com/sign-up/?userI...fff832eb95ab6a

01-17-2005, 05:58 AM	#11
Napolean Old school Industry Role: Join Date: Nov 2002 Location: Kettering, OH Posts: 4,327	i would keep it in paypal, where you know it will be safe from bank robbers __________________ Need a programmer? (Desktop/Web Applications) --- Skype: napoleande

01-17-2005, 05:58 AM	#12
Entropy Confirmed User Join Date: May 2004 Location: Somewhere Posts: 4,128	i like to have my millions spread out __________________ The Gay Market Is Where The Money's At! AlleyBucks Is The Queer Eye For Straight Webmaster Guys CCBill Based Affiliate Program With Hosted Galleries ICQ: 226-359-635

01-17-2005, 06:02 AM	#14
Kristian Confirmed User Industry Role: Join Date: Aug 2003 Posts: 3,733	Move to a country where $1million is a lot of money. Go on a spending spree. Go back to work. Earn more money.

01-17-2005, 06:14 AM	#19
evildick Guest Posts: n/a	I suspect if you really had $1,000,000 in the bank you would know this, but you might want to read this if you are paranoid about losing what money you do have to the bank: http://www.bankrate.com/brm/green/sav/svgs1d.asp

01-17-2005, 06:26 AM	#20
strobi Confirmed User Join Date: Nov 2002 Location: Belgium Posts: 7,383	Yes it's ok. If you have most of your money (like 99 mill in real estate) you can have 1 mill cash for sure. IDIOT

01-17-2005, 06:55 AM	#21
Babagirls Text Writer Join Date: Feb 2001 Location: Wisconsin Posts: 18,812	i'd put in different accounts lol __________________ Need a Text Writer? Blogs\|Reviews\|Descriptions\|Paysites\|TGP's\|Stories ICQ: 397892500

01-17-2005, 06:59 AM	#22
SteveF Confirmed User Join Date: Jan 2005 Posts: 120	it's a horrible idea, feel free to transfer some to my account

01-17-2005, 07:03 AM	#23
hova Traffillionaire Industry Role: Join Date: Jan 2002 Location: ICQ:209371571 Posts: 22,430	put some in the bank, invest some..........spend some __________________ http://traffillions.com/ Sign up and get lifetime revshare on your traffic

01-17-2005, 07:05 AM	#24
VeriSexy Join The Royal Family Join Date: Apr 2002 Posts: 25,463	Cash Is King __________________ Looking for a KICK ASS TEEN SPONSOR? Check out ROYAL CASH - THE KING OF TEEN! Incredible webmaster tools FHGs, Morphing Blog and RSS Feeds, Embedded FLV & WMV Videos. With TOP RATIO Sites like TeenStarsOnly.com - Earn $$ with our New Site & Bonus Payouts!! ATMovs.com \| iTeenVideo.com \| TeenSexMovs.com \| TeenSexMania.com

01-17-2005, 07:16 AM	#25
polish_aristocrat Too lazy to set a custom title Join Date: Jul 2002 Posts: 40,377	how do you guys know he doesnt have a million+ ?

01-17-2005, 07:36 AM	#28
Magg Confirmed User Join Date: Feb 2004 Location: ICQ: 132497047 Posts: 4,467	If someone comes up on a lot of money in a short amount of time, why would they automatically know how to manage it?

01-17-2005, 07:37 AM	#29
Dirty-Dough Confirmed User Join Date: Dec 2004 Posts: 496	One million cents, you mean?

01-17-2005, 08:02 AM	#30
DeadFidel Confirmed User Join Date: Jul 2003 Location: This was my wife circa 2002 Posts: 6,760	A million is not what is was. I have that in real estate, the market, and savings, but I don't consider myself a millionaire. When you have 10, then maybe. PS. I do have 100k in cold cash hidden some where, so I undersatnd your question.

01-17-2005, 08:04 AM	#31
ADL_JD Confirmed User Join Date: Dec 2004 Posts: 460	Not smart is the account is only 100k FDIC insured (US only). __________________ ADULT DATE LINK If You Have Traffic, we can make you $$$. Great Conversion Ratio from a Trusted Company. Seven great niches - black, teen, gay, mature, latin, asian, swinger.

01-17-2005, 08:09 AM	#33
bigdog Confirmed User Join Date: Jul 2001 Posts: 6,964	anyone who has a house in new york or cali is a millionare just sell your crib

01-17-2005, 08:53 AM	#34
Rui web Join Date: Dec 2001 Location: On icq: 85-483-060 Posts: 9,533	You have 1 million in your bank account and come asking advice in GFY...now thats something lol

01-17-2005, 08:55 AM	#35
pxxx First African GFY Member Join Date: Mar 2004 Location: New Jersey Posts: 12,114	Bank is not a bad idea.

01-17-2005, 08:58 AM	#36
Twe Russ Confirmed User Join Date: Jan 2003 Location: NYC Posts: 3,493	I would rather have collateral since it aint as easy to steal or get it taken by gov. Yes I would have it under someone in my family's name. __________________ Contact information - ICQ: 7.9.0.3.0.0 · AIM: no roach · E-Mail: roachito \|\| @ \|\| gmail \|\| . \|\| com [Friend Finder - Geo Targeting & Incredible Site Ratio] - [Credit Card Traffic - Make $65 Per Join]

01-17-2005, 09:50 AM	#37
Platinum Dave Confirmed User Join Date: Mar 2001 Location: Toronto Posts: 2,441	Having 1 million in the bank is terrible. You make no interest at all, and with inflation you are actually losing money __________________ Check out Adult Rental - Only Pay Per Signup VOD!

01-17-2005, 09:52 AM	#38
NinjaSteve Too lazy to set a custom title Industry Role: Join Date: Dec 2003 Posts: 11,089	If you had $1mil in the bank you should - split it between accounts so it's all insured - invest some into CDs or the stock market - get an IRA for retirement Make your money work for you __________________ ...

01-17-2005, 10:01 AM	#40
Pornwolf Drunk and Unruly Join Date: Jan 2002 Location: Hollywood Posts: 22,712	four letters - REIT __________________ I've trusted my sites to them for over a decade... Webair, bitches.

01-17-2005, 10:08 AM	#41
BradShaw Confirmed User Join Date: Oct 2001 Location: KB's trailer Posts: 7,840	I agree, better spent on coke and hookers. __________________ Sig too big http://www.gofuckyourself.com/gfy_faqs.html Want to use a large banner in your sig??? Contact Eric about getting on as an advertiser - eric AT adult.com

01-17-2005, 10:54 AM	#47
I Like Chocolate Confirmed User Join Date: Dec 2004 Posts: 821	Your money in the bank is only as safe as the banks loans. Banks are likely to collapse in this downturn we are going to see start to develop in the next several years. The safest thing to do would be to buy gold and silver bullion actually.

01-17-2005, 10:59 AM	#48
pxxx First African GFY Member Join Date: Mar 2004 Location: New Jersey Posts: 12,114	I didn't know we had Financial advisers at Gfy.lol

01-17-2005, 11:10 AM	#49
emthree Dialer Kingpin Join Date: Jun 2003 Location: New York Posts: 10,816	I expected retarded responses. WTF is wrong with some of you guys? No wonder the board tone is allways childish. OnTime:Should be NP in that, just make sure you're spreading it across accounts and assets. Never leave all your money in ONE spot. __________________ • Sell Patches & Pills •