Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : Y2K (Year 2000) Personal Contingency Planning -- Ignore unavailable to you. Want to Upgrade?

To: Dan Hamilton who wrote (744)	3/24/1999 4:40:00 PM
From: Sawtooth	Read Replies (1) \| Respond to of 888

<<On the other hand, if your money is simply inaccessible for a few days or even weeks, all you need to do is take enough out to survive that long, and have a paper record of your accounts.>> To add to your thought, Dan; if a person feels they absolutely must gain control of a huge chunk of their assets in cash, they might want to consider putting most of the cash in a bank safe deposit box. Even if the systems should screw up to the point that transaction activity is frozen for awhile, it seems unlikely that the banks would simply lock all the doors and everyone goes home. I'd think access to safety deposit boxes would not be affected. Unless, of course, one thinks things would melt-down so far that US greenbacks would be worthless; the extreme outcome. JMO.