Perhaps spreading your life savings out, among several institutions, during a liquidity crisis might be smarter. Or holding (some of) them in some form other than straight savings. Although it depends on amounts and rules; is there any sort of insurance that covers these accounts, and does it cover the amount you have? That could remove most of the risk. (In the US, FDIC covers up to $100,000 in most real bank accounts, unless the limit has changed while I wasn't watching, but of course you're not *in* the US so I don't know your local situation.)
no subject
Date: 2007-08-16 02:15 pm (UTC)