Don’t put it in a bank. Use a brokerage that gives you extra insurance - some insure up to $100M. Also brokerages that aren’t regulated as banks generally can’

Don’t put it in a bank. Use a brokerage that gives you extra insurance - some insure up to $100M. Also brokerages that aren’t regulated as banks generally can’t touch your assets. Equities and bonds are yours. You can fill out a form to have them transferred somewhere else. If your brokerage is regulated as a bank, in the U.S. they seem to be able to “bail in” using your assets - which seems sketchy as fuck. I don’t know why people keep more than $250k (or 100k euros or 80k pounds, or whatever the insured amount is) in a single bank. Nobody understands the risks involved in the financial house of cards that banks build. Don’t trust them.