View Single Post
 
Old 03-16-2023, 12:19 PM
Keefelane66 Keefelane66 is offline
Platinum member
Join Date: Feb 2022
Posts: 1,855
Thanks: 930
Thanked 2,101 Times in 808 Posts
Default

Split your account amongst several institutions to minimize risk. FDIC insurance per account.
after the 2008 financial crisis that saw the failure of investment banks Lehman Brothers and Bear Stearns and Washington Mutual Bank, the first of more than 300 banks to close from 2008-2010. People lost money by not following the maximum account rule…