Hello everyone !
Glad to be a New Member of this Form !
a Bit of Info may be Helpful For you All
so Here goes:
Never Reject an OffShore institution Out of Hand !
OffShore is Just a Matter of Where Your Feet are !
I'm From nyc and the Financial Communety,
so i Know what i'm Talking about !
Even though Most of You focus on FDIC,i'm Here to tell you:
FORGET about it ! the Real Money is in Other Issues,Not fdic !
FDIC will Only cover you to$100,000 Anyway,so What happens to
the Rest of your $900,000 if somethin goes South ?
That's what i thaught ! You didn't Know that Did you ?!
when Searching for Good Rates,you Also must look at Other issues:
1: Issuers 2: Ratings if Any 3: Ranking if you Cared at all! I don't !
4: AUM. Do your Homework! 5: Legal Jurisdiction of Issuers!
as i Said Earlier: OffShore,is Only a matter of where your Feet are!
If you're in Manhatten,( nyc) the Rest of the World is OffShore !
By the Way: in the World of OffShore Banking,
NYC,NY Is the Best and Largest OffShore Baning Center !
after All,it Doe's Bost Thousands of Banks,both Our's and Others !
i hope i've Helped some of you,to Higher Rates !
your Friend in Banking:
SanteeClause
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