How much cash could you access?

Anonymous
Anonymous wrote:1 day to max out credit cards,
3 days to sell all my brokerage investments,
7 days for 401k withdrawal or loan
30-60 days to get a mortgage refi/home equity loan


Same for me and this would all add up to $2 mill
Anonymous
Anonymous wrote:24 hrs $6.5 million


Really? I don't think JP Morgan will let me convert all my equities into hard physical cash that quickly. (But I could wire millions in 24 hours)
Anonymous
Anonymous wrote:
Anonymous wrote:Commenters are conflating real cash with bank/wire transfer.


Op here. I didn’t mean it quite that literally. Wire is fine. But if you have the funds not in dollars (ie stocks, foreign currency or other assets, it is what you can liquidate in the time frame).


We were thinking actual cash because OP mentioned paying a ransom. I do not think kidnappers take a wire transfer.
Anonymous
This is a stupid question because it really depends on the bank on what they will let you take out I don't know too many people who have a few million in cash laying around their house.
Anonymous
Anonymous wrote:In 24 hour?
1 week?
1 month?

Assume it was for a true emergency where tax consequences don’t matter to you, like a ransom


About $450K easily
Anonymous
Anonymous wrote:
Anonymous wrote:In 24 hour?
1 week?
1 month?

Assume it was for a true emergency where tax consequences don’t matter to you, like a ransom


About $450K easily


PP. from my bank accounts. No credit. No tapping my retirement accounts.
Anonymous
Anonymous wrote:
Anonymous wrote:I have like $65 in my wallet.



I have $7 and I could drain my checking and savings. That’s at $221 right now.



Wow what do you do??!
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:24 hrs $6.5 million


Same.


I don't know a lot about banking, but I would assume it would take a bank a few days to get a delivery of 6.5 M in cash.


They would require you to break it up into smaller increments over days for this very reason.


Dognappers accept check. Just make sure it doesn't bounce or else.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:24 hrs $6.5 million


Same.


I don't know a lot about banking, but I would assume it would take a bank a few days to get a delivery of 6.5 M in cash.


They would require you to break it up into smaller increments over days for this very reason.


Dognappers accept check. Just make sure it doesn't bounce or else.


Oh, it’s Darren Wint’s friends. The ones they let get away. Of course.

Looking to fund your racing hobby?
Anonymous
I would just end up dead. I don’t know how to access cash. I don’t use it very much.

But even if you can access it, they’ll kill you anyway. And your children.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:24 hrs $6.5 million


Same.


I don't know a lot about banking, but I would assume it would take a bank a few days to get a delivery of 6.5 M in cash.


They would require you to break it up into smaller increments over days for this very reason.


Dognappers accept check. Just make sure it doesn't bounce or else.


What’s a check?
Anonymous
Most retail banks would not even be able to get you 10k cash these days lol.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:24 hrs $6.5 million


Same.


I don't know a lot about banking, but I would assume it would take a bank a few days to get a delivery of 6.5 M in cash.


OP clarified that a wire is acceptable.
Anonymous
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:
Anonymous wrote:24 hrs $6.5 million


Same.


I don't know a lot about banking, but I would assume it would take a bank a few days to get a delivery of 6.5 M in cash.


OP clarified that a wire is acceptable.


For dog napping?

They really aren’t prosecuting crime here anymore…
Anonymous
Why are you guys helping the kidnappers?
post reply Forum Index » Money and Finances
Message Quick Reply
Go to: