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Is it a good idea to keep 123 million in one checking account?

Posted on 3/13/14 at 9:42 am
Posted by DanTiger
Somewhere in Luziana
Member since Sep 2004
9480 posts
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.

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Posted by Rouge
Floston Paradise
Member since Oct 2004
136903 posts
Posted on 3/13/14 at 9:43 am to
quote:

Floyd Mayweather keeps 123 mil in his cheking account. I
no he doesnt

basically every story about Money May and money is a lie
This post was edited on 3/13/14 at 9:44 am
Posted by Phat Phil
Krispy Kreme
Member since May 2010
7374 posts
Posted on 3/13/14 at 9:43 am to
OT problems
Posted by Geauxld Finger
Baton Rouge
Member since Jan 2005
31822 posts
Posted on 3/13/14 at 9:43 am to
he might be after he gets arrested and sued for two counts of second degree murder
Posted by CaptainsWafer
TD Platinum Member
Member since Feb 2006
58413 posts
Posted on 3/13/14 at 9:44 am to
I bet he likes leaving those ATM receipts out too.
Posted by GaryMyMan
Shreveport
Member since May 2007
13498 posts
Posted on 3/13/14 at 9:55 am to
Floyd Mayweather needs to ask Mike Tyson how impossible it is to blow through $300-$400 million dollars.
Posted by AUtigR24
Happy Hour
Member since Apr 2011
19755 posts
Posted on 3/13/14 at 9:57 am to
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.
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