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!
Full Version: What Do Rich People Do Re Banks
QUOTE (The Masked Tulip @ Feb 27 2008, 01:13 PM) 
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!
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.
just like you we hope and pray
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