davidshort on Nostr: If you have less than $1MM in cash, you should have it distributed across 4 banks for ...
If you have less than $1MM in cash, you should have it distributed across 4 banks for FDIC coverage. If you have a lot more than that, probably still just split across 4 banks. Don’t spend your whole life managing esoteric risk, but do the easy things to avoid catastrophic loss.
Published at
2023-03-10 23:05:27Event JSON
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"content": "If you have less than $1MM in cash, you should have it distributed across 4 banks for FDIC coverage. If you have a lot more than that, probably still just split across 4 banks. Don’t spend your whole life managing esoteric risk, but do the easy things to avoid catastrophic loss.",
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