Should I take all my money out of Bank of America and hold onto the cash? and South Bank book sellers

Should I take all my money out of Bank of America and hold onto the cash?

If inflation or money being pumped into the banks to try to control bank runs, by the rich, should I take all my money out Bank of America? I notice Bank of America is doing everything in it power to make money itself. Scary
Reason to be paranoid, According to CNN, PBS, my finical adviser. Bank of America is selling its stock.
According to Fortune: Bank of America (BAC, Fortune 500) filed Thursday for permission to issue up to 1.25 billion shares of common stock.

Might not be a Bank of America in the next three years.


bank best answer:

Answer by sashazur
Your money is protected up to $ 200,000. If you are only slightly paranoid, move some of your money to another bank. But don't take all your money out unless you are 100% paranoid.

bank

South Bank book sellers


Image by David McKelvey
Outside British Film Institute, South Bank, London

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