Dow drops 1,200 as US stock market leads a worldwide sell-off following Trump's tariff shock
jerakor @ jerakor @startrek.website Posts 0Comments 118Joined 1 yr. ago
jerakor @ jerakor @startrek.website
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You are supposed to, but it is only insured to 250k. That might seem like a decent amount but if you suffer inflation and a government that is inclined to decrease FDIC rather than increase, you might end up not really getting much value out of that cash.
250k is not a very big nest egg for retirement.