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Reply to "If savings account are only FDIC insured to $250K do you need to open another account?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]don't you use more than one bank OP? I use CapOne, Ally, and Vanguard. You can spread your money[/quote] This is pretty f**king stupid. I guess if you have tens of millions, then keep $750k in cash earning nothing. Maybe just have one account and then buy $500k of treasuries that will earn real interest.[/quote] each earning 3.5%+ but i get your point. too much cash. already have money in the market and treasuries. i suppose i can buy more but having 8% in cash isn't too bad, IMHO. [/quote]
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