West Coast Connection Forum

Lifestyle => Tha G-Spot => Topic started by: CrAzY_gIrL on July 15, 2004, 11:30:55 AM

Title: Question about Money
Post by: CrAzY_gIrL on July 15, 2004, 11:30:55 AM
Is there a certain amount of money u can have lying around your house? I mean what happens if the cops find like half a million in cash at ur house and u don't do anything illegal, can they take ur money away? ??? Do u have to keep ur money in the bank or is it up to u what u want to do with it?
Title: Re: Question about Money
Post by: Don Seer on July 15, 2004, 11:45:00 AM
you can have what u like as long as its legit.

a little while ago here there was a guy and his dad who didnt trust banks.. they kept all their money in shoeboxes.

one day they went into town, and left some of the old boxes in the car... someone broke in and must have been stunned for find their lifesavings..

banks are there for security..
Title: Re: Question about Money
Post by: GoodLuvn169 on July 15, 2004, 01:27:40 PM
I wouldn't put it past a corrupt police officer to do something like that though.
Title: Re: Question about Money
Post by: Sikotic™ on July 15, 2004, 01:30:57 PM
you can have what u like as long as its legit.

a little while ago here there was a guy and his dad who didnt trust banks.. they kept all their money in shoeboxes.

one day they went into town, and left some of the old boxes in the car... someone broke in and must have been stunned for find their lifesavings..

banks are there for security..

That's exactly why I keep most of my money in the bank

Let them use your cash and they protect you in return.
Title: Re: Question about Money
Post by: Don Seer on July 15, 2004, 01:51:30 PM
whats silly is.. u get interest from a bank too.. and those guys didnt gain any..

why people cant trust a bank is beyond me..

i mean sure if u overdraw or run up credit, they'll have you...

but if its your savings.. nuffin to lose
Title: Re: Question about Money
Post by: GoodLuvn169 on July 15, 2004, 01:52:41 PM
whats silly is.. u get interest from a bank too.. and those guys didnt gain any..

why people cant trust a bank is beyond me..

i mean sure if u overdraw or run up credit, they'll have you...

but if its your savings.. nuffin to lose
for real
Title: Re: Question about Money
Post by: white Boy on July 15, 2004, 01:55:17 PM
yea my moneys in the bank, its not a lot, but its gaining %
Title: Re: Question about Money
Post by: Strong Arm on July 15, 2004, 04:05:33 PM
What about bonds? You can have millions in those.
Title: Re: Question about Money
Post by: GoodLuvn169 on July 15, 2004, 04:38:00 PM
What about bonds? You can have millions in those.
Bonds can be a good way to make money, a little risky.
Title: Re: Question about Money
Post by: Strong Arm on July 15, 2004, 04:43:37 PM
Not the government ones.
Title: Re: Question about Money
Post by: Eddie G. on July 15, 2004, 05:14:06 PM
You can keep your money wherever the fuck you want
Title: Re: Question about Money
Post by: GoodLuvn169 on July 15, 2004, 05:16:20 PM
You can keep your money wherever the fuck you want
No shit ass licker
Title: Re: Question about Money
Post by: Trauma-san on July 15, 2004, 05:19:53 PM
whats silly is.. u get interest from a bank too.. and those guys didnt gain any..

why people cant trust a bank is beyond me..

i mean sure if u overdraw or run up credit, they'll have you...

but if its your savings.. nuffin to lose

People have a lot of reasons they don't trust banks.  Remember in the depression in America, lots of banks went out of business and took the people's money with them.  Today that can't really happen because banks are insured by the government, but only up to a certain amount per individual.  Even today though, lots of pensions lose tons of money, lots of people lose tons of money in the stock market, etc... so people sometimes have an aversion to investing. 

I can see WHY people would be afraid of the bank, but if it gets so bad that the banks go out of business, money's going to be useless anyways, and I don't want all my money lying around where somebody could steal it. 
Title: Re: Question about Money
Post by: Eddie G. on July 15, 2004, 05:32:29 PM
You can keep your money wherever the fuck you want
No shit ass licker
Fuck you, I was responding to the original post in the thread, not your bullshit about bonds
Title: Re: Question about Money
Post by: GoodLuvn169 on July 15, 2004, 05:37:29 PM
You can keep your money wherever the fuck you want
No shit ass licker
Fuck you, I was responding to the original post in the thread, not your bullshit about bonds
Sorry I didn't mean to get your pubic hair in a bundle.
Title: Re: Question about Money
Post by: We Fly High on July 15, 2004, 09:41:46 PM
i used to have like 10 g'z in cash in my drawer. but i got too paranoid. so i had to bring it to the bank. u ever held a hundred $100 bills? when i brought it to the bank to start a enw account, the clerk was like wtf are u doing with 10 g'z in cash all in 100's... hahha.
Title: Re: Question about Money
Post by: Eddie G. on July 15, 2004, 10:53:40 PM
^^That's bad news, especially if you didn't make that shit legitly which I assume you didn't.  The banks have to report large transactions, and then you can get the IRS on your ass if you didn't pay any taxes.
Title: Re: Question about Money
Post by: Strong Arm on July 15, 2004, 11:16:56 PM
Not when you're starting an account.
Title: Re: Question about Money
Post by: CrAzY_gIrL on July 15, 2004, 11:21:10 PM
^^That's bad news, especially if you didn't make that shit legitly which I assume you didn't.  The banks have to report large transactions, and then you can get the IRS on your ass if you didn't pay any taxes.
Ya if u deposit $10,000 or more the bank has to report it. So if u have a lot of money saved up, there's really no way u can take it to the bank, without the IRS getting on ur case, right?