Re:Poll: How much money do you have in your bank account?
by antonius on Thursday March 13, 2014 @01:44PM
(#7393371)
Living in Canada and under CDIC rules, only $100,000 is covered. Thus, backing up my original post of not putting all your fiat eggs in your bank basket.
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Re:Poll: How much money do you have in your bank account?
by thedufer on Thursday March 13, 2014 @02:36PM
(#7393824)
I suppose that's something to worry about, but only for the tiny portion of people for whom more than $100,000 is a reasonable amount of "liquid short-term assets". I don't expect to ever hold more than an emergency fund + float in cash, so that's not an amount I expect to ever exceed.