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0 pointsbobleeswagger3y ago0 comments

$8 million in cash will always be $8 million in cash. "Stashed it away" is pretty vague but cash is cash.

0 comments

Only if you literally mean physical cash. Banks offered pretty significant interest rates historically.

Why say “stash away” if not to suggest the literal “hiding the money somewhere” meaning rather than “opening a savings account”?

With the slight caveat that the FDIC wouldnt exist until a decade after you put your money in and in no case would it protect all 8 million dollars.

j / k navigate · click thread line to collapse

Only if you literally mean physical cash. Banks offered pretty significant interest rates historically.

kgwgk3y ago

Why say “stash away” if not to suggest the literal “hiding the money somewhere” meaning rather than “opening a savings account”?

With the slight caveat that the FDIC wouldnt exist until a decade after you put your money in and in no case would it protect all 8 million dollars.

j / k navigate · click thread line to collapse