>If it's in a bank account then welp, $250k FDIC limit. Yeah I see people mention this a lot on HN. That particular number ($250k) has been increased over the

>If it's in a bank account then welp, $250k FDIC limit. Yeah I see people mention this a lot on HN. That particular number ($250k) has been increased over the years. It was partially upped in response to the S&L crisis. So do you really think T. Rowe Price is going to go under and you'll lose all your savings above $250k? Charles Schwab? Morgan Stanley? Even back when Lehman Brothers collapsed, no one lost cash holdings. Unless you're with a mom and pop bank down the street, this doesn't strike me as a real threat.