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What percentage of your personal wealth is in a bank/banks?

in_my_bumble_opinion
in_my_bumble_opinion Posts: 1,386 Forumite
Part of the Furniture 1,000 Posts Name Dropper
in Debate House Prices & the Economy
see above poll
''He who takes no offence at anyone either on account of their faults, or on account of his own suspicious thoughts, has knowledge of God and of things devine.''

How much of your personal wealth is in banks? 31 votes

100%
12% 4 votes
90%
3% 1 vote
80%
9% 3 votes
70%
3% 1 vote
60%
3% 1 vote
50%
9% 3 votes
40%
3% 1 vote
30%
16% 5 votes
15%
32% 10 votes
0%
6% 2 votes
«1

Comments

  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    Missing the poll....
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • in_my_bumble_opinion
    in_my_bumble_opinion Posts: 1,386 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    HAMISH_MCTAVISH wrote: »
    Missing the poll....


    well, at least you're keen :)
    ''He who takes no offence at anyone either on account of their faults, or on account of his own suspicious thoughts, has knowledge of God and of things devine.''
  • HAMISH_MCTAVISH
    HAMISH_MCTAVISH Posts: 28,592 Forumite
    Part of the Furniture 10,000 Posts Name Dropper Photogenic
    in_my_bumble_opinion wrote: »
    well, at least you're keen :)

    LOL

    I always forget there's a delay in posting polls here.:)
    “The great enemy of the truth is very often not the lie – deliberate, contrived, and dishonest – but the myth, persistent, persuasive, and unrealistic.

    Belief in myths allows the comfort of opinion without the discomfort of thought.”
    -- President John F. Kennedy”
  • Generali
    Generali Posts: 36,411 Forumite
    10,000 Posts Combo Breaker
    HAMISH_MCTAVISH wrote: »
    LOL

    I always forget there's a delay in posting polls here.:)

    If I had a pound for each time someone said that to me I'd have about £4.
  • mcfisco
    mcfisco Posts: 1,957 Forumite
    Part of the Furniture 1,000 Posts Combo Breaker
    You also need negative options :)
  • chucknorris
    chucknorris Posts: 10,795 Forumite
    Part of the Furniture 10,000 Posts Name Dropper
    mcfisco wrote: »
    You also need negative options :)

    That's correct or does the OP want us to ignore mortgages and other loans?

    Also I am assuming that building societies are classed as banks as far as the poll goes?
    Chuck Norris can kill two stones with one birdThe only time Chuck Norris was wrong was when he thought he had made a mistakeChuck Norris puts the "laughter" in "manslaughter".I've started running again, after several injuries had forced me to stop
  • Niv
    Niv Posts: 2,568 Forumite
    Part of the Furniture 1,000 Posts Name Dropper
    My vote is based on my savings vs my mortgage... in short I have no money in the bank as I owe them more than I have in 'savings'.
    YNWA

    Target: Mortgage free by 58.
  • purch
    purch Posts: 9,865 Forumite
    Generali wrote: »
    If I had a pound for each time someone said that to me I'd have about £4.

    Where would you keep the 4 quid ?
    'In nature, there are neither rewards nor punishments - there are Consequences.'
  • StevieJ
    StevieJ Posts: 20,174 Forumite
    Part of the Furniture 10,000 Posts Combo Breaker
    Is this just cash?
    'Just think for a moment what a prospect that is. A single market without barriers visible or invisible giving you direct and unhindered access to the purchasing power of over 300 million of the worlds wealthiest and most prosperous people' Margaret Thatcher
  • Perelandra
    Perelandra Posts: 1,060 Forumite
    Niv wrote: »
    My vote is based on my savings vs my mortgage... in short I have no money in the bank as I owe them more than I have in 'savings'.


    All of the "money" I have with the bank is in offset accounts against my mortgage- so I manage to get by with no savings at all, whilst still retaining part of my mortgage debt in a highly liquid form.

    P.S. Actually quite a frightening thought, that whenever I use my debit card in a supermarket, I'm merely increasing my net indebtedness to the bank.

    P.P.S. Then it occurs to me that this is what people do whenever they use one of those strange things called a "credit card"...
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