The wise route to take would be to distribute the wealth. Put some of the money in a safety bank account, put some in the stock market, some in bonds, some in compound interest accounts, etc.
NOTE: Carefully consider all risks involved, including the potential loss of capital, before doing anything with your money. Consult a certified financial adviser in this instance.
750000
If you had 71 million dollars, you could. But if that bank went out of business, since the FDIC only insures 1 million dollars per account, you would only get 1 million dollars back from your 71 million. But if you put 71 mil. in a bank, i highly doubt it would go out of business.
It depends on how much you put into it. For example, if you put 100 dollars in the bank and they give you a credit card, it only has 100 dollars on it because that is how much you gave to them.
yes you can but check out how much they insure per accout, get some cd's etc
100, which will give you a $1,000 strap. A "bank bundle" as you put it is called a Fed Strap because that is how the treasury department sends the money to the banks. All denominations in Fed Straps are 100 bills per strap.
to deposit money in the bank you need more than what you want do deposit because the bank charges 10% of what you deposit. for example you want to deposit 1000000 dollars, you must posses 1100000 dollars to have the 1000000 dollars put in the bank.
750000
If you had 71 million dollars, you could. But if that bank went out of business, since the FDIC only insures 1 million dollars per account, you would only get 1 million dollars back from your 71 million. But if you put 71 mil. in a bank, i highly doubt it would go out of business.
500000
RBC is a FDIC ins bank which is insured up to 300,000 dollars. So it is safe to put your money into the bank.
I would put some in a bank and then spend some. Hope I helped! :)
Usually, you can put money inside your bank account as much as you want.
put it in the bank dude
It depends on how much you put into it. For example, if you put 100 dollars in the bank and they give you a credit card, it only has 100 dollars on it because that is how much you gave to them.
Put it in the bank, and the very small amount of interest that you will get will make it bigger.
If you put two thousand in the bank every year you'd only get to 100,000 which is a tenth of your target. You will not make up that difference in interest.
Lira are now obsolete, so you will have to put them on collection at your bank, they will convert them to euros and then to Australian dollars at the going rate for that day.