do i need more accounts??

[mofo]

i have 2 banks i bank at-a credit union that will not deal in foreign money and capital one- my business account is in cap one ,i have 2 savings account and a checking and in credit union i have 2 checking and 1 savings,do i need to open more accounts or can i go through those accounts after rv?

[SteveI]

i have 2 banks i bank at-a credit union that will not deal in foreign money and capital one- my business account is in cap one ,i have 2 savings account and a checking and in credit union i have 2 checking and 1 savings,do i need to open more accounts or can i go through those accounts after rv?

My personal opinion mofo, is just let this play out and not put the cart in front of the horse yet. When it is official, consult a financial adviser and work out a financial plan that meets your future needs and requirements. God Bless all of you.

Edited October 23, 2010 by SteveI

[mrspen]

When I first invested I read everything there is to read on the FDIC and NCUA websites re: how your money is insured. It's under FAQ's on both sites. That will help you determine how many accounts you will need to have. It depends on how much you will be getting once the RV happens and whether or not you want it all insured in regular accounts, or if you want to open another type of account. And, yes as stated above, talk to a financial advisor also. If you don't want to get stone walled, I wouldn't suggest mentioning the word "Dinar" - just say you are getting a large sum of $ and ask questions from there. Hope that helps.

[Guest Ratatap]

Its not a matter of "Accounts and how many" it is a matter of what banks your money is in......

GO RV !!!!!!