Replying to Avatar eykd

Was just listening to an episode of the Wealthsteading Podcast about this. https://wealthsteading.com/410-2/

In short, he's mostly in cash right now, parked in money market funds. #nfa #dyor

Yeah I listened to that the other day. Gives a good idea on what vehicle to use, I'm still concerned about what institution to park it with/through. I'd hate to get the "All depositors will be covered, we just need 3 months to investigate." type BS if the bank I choose goes belly up.

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Yeah, wouldn't we all? 😅 I guess the best mitigation there would be to maintain multiple baskets.