- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
Is it a good idea to keep 123 million in one checking account?
Posted on 3/13/14 at 9:42 am
Posted on 3/13/14 at 9:42 am
Floyd Mayweather keeps 123 mil in his cheking account. I thought he would be near broke with his gambling habits and entourage.
LINK
6
Posted on 3/13/14 at 9:43 am to DanTiger
quote:no he doesnt
Floyd Mayweather keeps 123 mil in his cheking account. I
basically every story about Money May and money is a lie
This post was edited on 3/13/14 at 9:44 am
Posted on 3/13/14 at 9:43 am to DanTiger
OT problems
Posted on 3/13/14 at 9:43 am to DanTiger
he might be after he gets arrested and sued for two counts of second degree murder
Posted on 3/13/14 at 9:44 am to DanTiger
I bet he likes leaving those ATM receipts out too.
Posted on 3/13/14 at 9:52 am to CaptainsWafer
I'm calling bull crap on this
Posted on 3/13/14 at 9:53 am to Geauxld Finger
quote:
arrested and sued for two counts of second degree murder
Attempted or conspiracy to commit
Posted on 3/13/14 at 9:55 am to DanTiger
Floyd Mayweather needs to ask Mike Tyson how impossible it is to blow through $300-$400 million dollars.
Posted on 3/13/14 at 9:57 am to DanTiger
quote:
Is it a good idea to keep 123 million in one checking account?
Umm No. Most banks are only insured up to a certain amount so if they were to get robbed or had a natural disaster he would be SOL. Not sure what the number is though but I wouldn't keep that much money in one location.
Posted on 3/13/14 at 9:57 am to Geauxld Finger
quote:
he might be after he gets arrested and sued for two counts of second degree murder
Only attempted murder!
LINK
Posted on 3/13/14 at 9:59 am to AUtigR24
quote:
Umm No. Most banks are only insured up to a certain amount so if they were to get robbed or had a natural disaster he would be SOL. Not sure what the number is though but I wouldn't keep that much money in one location.
Not the banks themselves, but the FDIC
Almost all banks (99%) are, however, members of the FDIC. The FDIC protects deposits up to $100,000
This post was edited on 3/13/14 at 10:00 am
Posted on 3/13/14 at 10:02 am to Emiliooo
quote:
Almost all banks (99%) are, however, members of the FDIC. The FDIC protects deposits up to $100
It's been bumped up to $250k, since I think 2008. FDIC trying to keep people from leaving banks.
On the subject of if it's smart to keep $123MM in a bank account, it depends on what type of bank account. If we are talking checking, then hell no, that is full retard. But if we are talking money market account, mutual fund account, etc., then the bank really doesn't have it.
Posted on 3/13/14 at 10:06 am to Geecubed
quote:
On the subject of if it's smart to keep $123MM in a bank account, it depends on what type of bank account. If we are talking checking, then hell no, that is full retard. But if we are talking money market account, mutual fund account, etc., then the bank really doesn't have it.
I believe it is in a checking account.
Posted on 3/13/14 at 10:07 am to Emiliooo
quote:
The FDIC protects deposits up to $100,000
The FDIC now protects up to $250,000. That extra $150k doesn't do a whole lot of good if the bank goes belly up & he loses $100m+
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News