5 ms·
$8 million in cash will always be $8 million in cash. "Stashed it away" is pretty vague but cash is cash.
by bobleeswagger 4y ago
$8 million in cash will always be $8 million in cash. "Stashed it away" is pretty vague but cash is cash.
- tarboreus 4y agoOnly if you literally mean physical cash. Banks offered pretty significant interest rates historically.
- jldugger 4y agoWith 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.
- kgwgk 4y agoWhy say “stash away” if not to suggest the literal “hiding the money somewhere” meaning rather than “opening a savings account”?