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Old 10-12-2008, 06:45 AM  
rowan
Too lazy to set a custom title
 
Join Date: Mar 2002
Location: Australia
Posts: 17,393
You have a choice

Your life savings in a single bank paying an exceptionally high interest rate, let's say 10%

or

A quarter of your life savings in that bank at 10%, and the other three quarters in three other banks paying a few percent less.

risk:reward. I bet a lot of people choose the first.
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