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/biz/ - Business & Finance

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17877214 No.17877214 [Reply] [Original]

Am getting scared of an actual bank run occuring.

What percentage of savings should I pull out of my bank account?

>> No.17877225

>>17877214
>he keeps money in the bank
ngmi

>> No.17877236
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17877236

>he actually holds fiat
Kek have fun pulling 0% of your savings out, fren

>> No.17877237

>>17877214
Probably at the minimum $1000 for emergency cash money

>> No.17877239

BUY GOLD
BUY GOLD
BUY GOLD

>> No.17877246

>>17877214
I always keep a bit of cash on hand but if things get bad enough for full on bank run, which they won’t, dollars won’t be worth a thing anymore.

>> No.17877255

It already is occurring, family members of mine have been taking out cash over the past couple days over this. I don't wanna advise shitty decisions because I don't really know what the best way is right now, but having 70% of that in cash in a safe, hidden place probably cant hurt

>> No.17877272

>>17877236
So what’s the alternative?
Gold, guns, land?

>> No.17877296

>>17877236
Wait where's this from holy shit...

>> No.17877300

>>17877272
My networth is unironically in chainlink.

>> No.17877312
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17877312

>>17877300
nice

>> No.17877400

>>17877239
And pay like 50% over spot lol.

>> No.17877412

>>17877400
MINE GOLD
MINE GOLD
MINE GOLD

>> No.17877440

>>17877296
https://www.federalreserve.gov/newsevents/pressreleases/monetary20200315b.htm