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Salmon Bait

On Wed, 23 Jan 2008 12:07:20 -0500, wrote:

On Wed, 23 Jan 2008 11:31:17 -0500, Salmon Bait
wrote:

Actually I prefer having money spread out across several banks, If
nothing else, it is easier to "fire" one that isn't treating you right
if you have another bank you can swap into.

I'm down to two. It makes record keeping much easier.
--

What is so hard about the "record keeping"? My accounts all get
separate statements anyway, even if they are in the same bank.
It is actually pretty hard to stay diversified when the big fish are
eating the little fish. I know some bankers who say one day there may
only be one big bank and the Federal Reserve.

Actually, it probably wouldn't be so bad now. Many of the bigger banks are
accessible via Turbo Tax which downloads everything and makes tax
preparation easy. In the old days it was a pain in the butt.
--
Red Herring