Sun, Nov 27, 2011 - 4:03am
hey guys-- if you're like me and you keep cash for liquidity reasons, you're probably dissatisfied with the paltry return on your savings. My friend who is a bank teller told me that most commercial banks have strict requirements (ie aren't supposed to) on touching funds in checking accounts (probably because they are most often accessed). As of now, I am giving the bankers the biggest virtual kick in the nuts I can, by transferring all of my cash from my savings directly into my checking. I suggest everyone does the same-- think about the effect it would have on those suckers' liquidity!
Edited by: bernard on Nov 8, 2014 - 5:08am