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There is absolutely an advantage. FDIC insurance limits are $250K. Anymore and you take on a (non-zero) risk of the bank defaulting. Parking cash with US Tr
by jhulla 11y ago
There is absolutely an advantage. FDIC insurance limits are $250K. Anymore and you take on a (non-zero) risk of the bank defaulting.
Parking cash with US Treasury is substantially safer.
- icebraining 11y agoIf the US Treasury were to default, how likely would the FDIC to default as well? After all, part of their funds is itself in the form of Treasury securities.