\
  The most prestigious law school admissions discussion board in the world.
BackRefresh Options Favorite

Is it a good idea to keep million+ in 1 bank?

I.e. fdic insured is 250k. If I keep a brokerage account, i....
,.,,,.
  09/08/25
gold is the only safe way to store money
hank_scorpio
  09/08/25


Poast new message in this thread



Reply Favorite

Date: September 8th, 2025 11:36 PM
Author: ,.,,,.

I.e. fdic insured is 250k. If I keep a brokerage account, i.e. shares of qqq, that's another 250k insured. But once your brokerage/savings grows you rely on these banks not going bankrupt? I.e. if ally bank goes bankrupt bigger bank will just steal your accounts?

(http://www.autoadmit.com/thread.php?thread_id=5771170&forum_id=2Reputation#49246745)



Reply Favorite

Date: September 8th, 2025 11:39 PM
Author: hank_scorpio

gold is the only safe way to store money

(http://www.autoadmit.com/thread.php?thread_id=5771170&forum_id=2Reputation#49246751)