Jump to content
House Price Crash Forum
Sign in to follow this  
The Masked Tulip

What Do Rich People Do Re Banks

Recommended Posts

Just in case there are any millionaire HPCers what do you do if you have a few million in savings? That's a tad too much to saved by the FSA's 35K guarantee so, as the UK is apparently full of millionaires now, what would happen to all of them in a crash?

Same as us I guess - end up selling apples on street corners!

Share this post


Link to post
Share on other sites
Guest absolutezero
Just in case there are any millionaire HPCers what do you do if you have a few million in savings? That's a tad too much to saved by the FSA's 35K guarantee so, as the UK is apparently full of millionaires now, what would happen to all of them in a crash?

Same as us I guess - end up selling apples on street corners!

We spread it out - a million or so at each bank and hope the bank doesn't go under.

Or we buy houses. You can't go wrong with bricks and mortar.

Share this post


Link to post
Share on other sites

Join the conversation

You can post now and register later. If you have an account, sign in now to post with your account.

Guest
Reply to this topic...

×   Pasted as rich text.   Paste as plain text instead

  Only 75 emoji are allowed.

×   Your link has been automatically embedded.   Display as a link instead

×   Your previous content has been restored.   Clear editor

×   You cannot paste images directly. Upload or insert images from URL.

Loading...
Sign in to follow this  

  • Recently Browsing   0 members

    No registered users viewing this page.

  • 295 Brexit, House prices and Summer 2020

    1. 1. Including the effects Brexit, where do you think average UK house prices will be relative to now in June 2020?


      • down 5% +
      • down 2.5%
      • Even
      • up 2.5%
      • up 5%



×
×
  • Create New...

Important Information

We have placed cookies on your device to help make this website better. You can adjust your cookie settings, otherwise we'll assume you're okay to continue.