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Strategies & Market Trends : US Economic Trend Analysis
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To: gpowell who wrote (80)9/23/2008 9:22:40 AM
From: Drygulch DanRead Replies (1) of 97
 
Thanks for analysis. FDIC limit is probably the standard $100K. I've got a couple of those oversized eggs parked there but have been uninterested in splitting them up and distributed them around the system.

Back in 2000 I was coexecutor on an estate that had that distribution thing quite developed, 13 banks, three of which had safety deposit boxes stuffed with original certs both stocks and bonds going back to the late 1940s.

It was a total mess to administer and get our arms around. It colored my view on distributing wealth but in 2000 we didn't face systemic failure.

The guy who died was a product of the Depression and the Big War. Today things are different and yet much the same. Its probably time to review my operating plan, some diversification may be wise at this time. I sort of ducked out of the way in the early 2000s, after the dot.com crash, leaving the markets to their immoral ways. Now self preservation seems to be the priority, again.

Thanks again for your words.
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