Comments on: Is Your Money Safe In The Bank? http://www.brokeass-student.com/is-your-money-safe-in-the-bank/ ... where my idea of splurging is feeding my cat Fancy Feast. As a full-time student with a limited income stream, follow my journey in obtaining financial awareness and prosperity Wed, 07 Jan 2009 20:30:55 +0000 http://wordpress.org/?v=2.7 hourly 1 By: Jason Dragon http://www.brokeass-student.com/is-your-money-safe-in-the-bank/comment-page-1/#comment-51637 Jason Dragon Thu, 24 Jul 2008 11:58:51 +0000 http://www.brokeass-student.com/is-your-money-safe-in-the-bank/#comment-51637 Great post. When I was a student and I had "extra" money I would always go to my local coin store and buy generic silver rounds. They would sell them to me for 10 cents above market price and buy them for 10 cents below market price. I bought most of mine when silver was 4.50 to 5, back in 1996. By the time I left school I had over 400 ounces and silver was about $6 each. I kept most of them and in 2005 I sold most for $14 each. In march of 2008 I sold all but 5 of them when silver hit $19.50. It is a great thing cause it is fun to play with. I gave a few away as tips at nice restaurants. I also sold many of them on ebay for much more than the coin store would give me. The best thing is that it is inflation proof, the more inflation there is the higher it goes. Also you can sell it any day of the week, just walk in the store and they give you cash on the spot. Try this, you may like it. Jason Dragon http://blog.capitalactive.com/ Great post. When I was a student and I had “extra” money I would always go to my local coin store and buy generic silver rounds. They would sell them to me for 10 cents above market price and buy them for 10 cents below market price. I bought most of mine when silver was 4.50 to 5, back in 1996. By the time I left school I had over 400 ounces and silver was about $6 each. I kept most of them and in 2005 I sold most for $14 each. In march of 2008 I sold all but 5 of them when silver hit $19.50.

It is a great thing cause it is fun to play with. I gave a few away as tips at nice restaurants. I also sold many of them on ebay for much more than the coin store would give me. The best thing is that it is inflation proof, the more inflation there is the higher it goes. Also you can sell it any day of the week, just walk in the store and they give you cash on the spot.

Try this, you may like it.

Jason Dragon
http://blog.capitalactive.com/

]]> By: Frugal Canadian Living http://www.brokeass-student.com/is-your-money-safe-in-the-bank/comment-page-1/#comment-50611 Frugal Canadian Living Mon, 21 Jul 2008 05:20:09 +0000 http://www.brokeass-student.com/is-your-money-safe-in-the-bank/#comment-50611 In Canada the Canadian Deposit Insurance Corporation CDIC also insures all deposits upto $100,000. In Canada the Canadian Deposit Insurance Corporation CDIC also insures all deposits upto $100,000.

]]> By: Broke Grad Student http://www.brokeass-student.com/is-your-money-safe-in-the-bank/comment-page-1/#comment-49601 Broke Grad Student Fri, 18 Jul 2008 06:56:39 +0000 http://www.brokeass-student.com/is-your-money-safe-in-the-bank/#comment-49601 Great post. I've never really paid attention to the FDIC guidelines...probably because I've never had anywhere near $100k in the bank. It's nice knowing that I'll be educated when I finally do though ;) Great post. I’ve never really paid attention to the FDIC guidelines…probably because I’ve never had anywhere near $100k in the bank. It’s nice knowing that I’ll be educated when I finally do though ;)

]]> By: Elsie http://www.brokeass-student.com/is-your-money-safe-in-the-bank/comment-page-1/#comment-49519 Elsie Fri, 18 Jul 2008 05:12:47 +0000 http://www.brokeass-student.com/is-your-money-safe-in-the-bank/#comment-49519 I used to work at a law office and many clients would have accounts at several different banks, due to the $100k FDIC insurance limit. This is just a real-life example of why they did that. I enjoyed your post. You made this news story more personal. I used to work at a law office and many clients would have accounts at several different banks, due to the $100k FDIC insurance limit. This is just a real-life example of why they did that.

I enjoyed your post. You made this news story more personal.

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