How to Protect Your Savings Accounts

psaysofavril

$ Saving Fourth Grader

Join Date: Jul 2008

Forum Posts: 34
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#1

How to Protect Your Savings Accounts

07-14-2008, 01:45 PM

With the recent downfall of IndyMac, most people are, at least, somewhat concerned about their own savings. This article outlines how to ensure that your savings accounts are safe:

How To Protect your Savings | eHow.com
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rob62521

$ Saving College Senior

Join Date: Aug 2004

Forum Posts: 1537
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#2

07-15-2008, 06:53 AM

Good article! Thanks for sharing. It's short and sweet.

I know some banks have told people that if they have a joint account, they can have $200,000 in it. We had a post about that awhile ago arguing that point. I would say to be on the safe side, diversify!
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