bloomberg on supermicro: sky is falling

Fri Oct 12 21:36:53 UTC 2018

--- SNaslund at medline.com wrote:
From: "Naslund, Steve" <SNaslund at medline.com>

>Make a second account at your bank.  One account is
>'storage' and has all your money.  You never use
>the 'storage account' ATM card for anything outside
>your bank's ATM machines.

Doubling the service fees from your bank.
----------------------------------------------------

No, it's free.  It also depends on the type of accounts
you set up.  Most banks I have heard of do this for free.

>The second one is where you only keep $50-$100 in
>it.  When you use your ATM card it's only this account
>that's used.  Just before you make a purchase, move
>money from your 'storage account' into your 'active
>account' and make the purchase.

Don’t really want to be doing transfers with service fees 
every time I decide to fill up the gas tank.  Also, lots 
of banks will allow overdrafts which creates even more 
fees and some even auto transfer from one account to 
another to cover your overdrafts.  Also, does nothing for 
credit cards at all.
--------------------------------------------------

This is all under your control.  I don't use ATM cards at 
gas stations or other places like that.  Mostly it's for 
online purchases and to get money from non-bank ATM 
machines and I pay nothing extra.  Last, I don't allow
overdrafts.  No money in the account; nothing can be
bought.

scott