- 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
re: How do lottery winners or extremely wealthy keep their $ safe?
Posted on 3/30/13 at 4:24 am to ZereauxSum
Posted on 3/30/13 at 4:24 am to ZereauxSum
quote:
The same cousin that I posted about that has been stiffing his kids on child support for 4 years? Seems like a generous guy. I'm sure you bud's former tenant is making a wise choice
Same one. He'll blow through first 100 million in a year. Good for economy though.
0
Posted on 3/30/13 at 7:40 am to The Mick
Investment firms fall under SIPC which covers institutional failure/fraud up to $500k per investor.
Many can also pool CDs from multiple banks in one account and not exceed FDIC coverage. Easy to have multiples of millions of "safe money" all within FDIC limits in one account. Of course rates are horrible now, but the OP referenced FDIC coverage.
Many can also pool CDs from multiple banks in one account and not exceed FDIC coverage. Easy to have multiples of millions of "safe money" all within FDIC limits in one account. Of course rates are horrible now, but the OP referenced FDIC coverage.
This post was edited on 3/30/13 at 7:55 am
Page 3 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News