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Still chuckling about Bucheit's suggestion of spreading cash out into a huge number of FDIC-insured savings accounts -- "Think of it as RAID for your cash" he s
by riemannzeta 16y ago
Still chuckling about Bucheit's suggestion of spreading cash out into a huge number of FDIC-insured savings accounts -- "Think of it as RAID for your cash" he says, as I recall.
- synacksynack 16y agoCDARS is a simplified way to do that with CDs, essentially distributing amounts past the FDIC limits into different banks behind the scenes, so that you only have to deal with one account, but get insurance on the entire amount. http://www.cdars.com/ http://www.cdars.com/
- riemannzeta 16y agoVery interesting. Thanks.