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Originally Posted by raycarey i think most people have their cash in FDIC accounts...but you should make sure that you don't have more than 100,000 in one bank...but if it's a joint account, the insurance goes up to 200 K. it's always smart to diversify...even with the banks holding your money. |
This holds true not matter the economic climate. Can be a bit painful if like RC you have 20 or 30 accounts to worry but well worth the pain when things go bad.
