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Why would you deposit more than the insured amount in a bank? Could it not be split over multiple accounts and/or banks? Or pursue an institution that has addit
by nu11ptr 4y ago
Why would you deposit more than the insured amount in a bank? Could it not be split over multiple accounts and/or banks? Or pursue an institution that has additional insurance? (my brokerage, for example, uses Lloyd's of London for coverage beyond SIPC)
- hellcow 4y agoIf you’re going to get a line of credit against your cash, the bank requires you to have the cash with them.