https://www.investors.com/market-trend/stock-market-today/dow-jones-futures-fdic-ready-after-svb-financial-collapse-watch-these-bank-stocks/ #svb #fdic #feds #bankstocks
How many stock accounts do you have? Sipc or fdic only insure 250k.
It was trying to sell a Bond at a lower yield percentage which lead to investors pulling out money and collapsing the stock? TC: 40K less than FDIC insured 🪦 SVB
Do you split across multiple banks to stay under FDIC insurance limits? Is there special banks or accounts for high cash amounts? Do you just keep it chilling in your brokerage accounts but not invested into a fund/stock?
FDIC doesn’t insure funds above $250k+. Any creative ideas for what to do with the cash? I’m a pretty conservative investor and don’t want to get caught in the stock bubble and home prices seem very inflated. TC: 400k #personalfinance #investments
Is Charles Schwab Money Market funds safe right now? The stock has taken a massive hit and I am not sure if I should let my money sit in Charles Schwab Money Market Funds. It’s not FDIC insured.
I have $150k to invest somewhere. I’m thinking of putting everything into: A: SWVXX at 5.2 yield (not FDIC insured but stable) B: HYSA at 4.3 APY (FDIC insured) C: dumping into VTI for long term growth D: Other What should I do? Ps. The market being pretty high right now along with the fairly gu...Read more
Breakdown of NW 400k in basically cash, super conservative investments in a trust which I can fully withdraw anytime 600k in stock managed by financial advisor 500k house paid off- don’t live there or rent it , want to sell it but don’t know what to do with the money besides stocks 50k 401k I am...Read more
Everyone here fear mongering about SVB’s collapse does not understand how the fdic works. When the fdic takes over a bank, they farm out the deposits to other banks in the industry. Usually with a mega bank like jpm/wells. These banks can absorb the cash flow risk. The “uninsured” deposits do not ...Read more
Not sure though, which percentage of funding was parked there. Also, not sure, if they had insurance on top of $250k insured by FDIC. And I don't know, what our VCs say about the situation. We do have some revenue, so a company can probably stay afloat for some time. TC before SVB news: $250k cash...Read more
Lending club stock constantly performs bad and seems like it’s heading towards not being a around in the future. I have $500K in their HYSA account since they give some of the best rates. 3 beneficiaries on the account, so that’s $1M FDIC coverage Safe to keep money at Lending Club which uses Radi...Read more
Stock market feels like a big fat ugly bubble right now. Thinking to park some solid money (around 250K) aside. Turns out BlockFi is giving 8.6% interest on cash deposited GUSD (stable coin), thinking to use it to park my money, but I know it's not FDIC insured. Has anyone used it ? Is it safe for...Read more
Planning to have a 50k CD at Citi But seeing so many news about bank failures and ratings downgrades is a bit scary. Charles Schwab was under the weather today it seems and planning layoffs. So my question is how safe is the FDIC insurance for CDs? And is it safer to keep invested in the stock mark...Read more
I have recently come to know about high yield saving accounts (most of them not secured by FDIC). I have currently put some of my money in Current and Tellus for high yield returns than regular high yield saving accounts. I’m thinking to put some in Donut (DeFi) app as well. Other than stock market,...Read more
#personalfinance Is Robinhood gold a safe place to park a $600k cash we are holding for a house down payment in the next 90 days? What other options do I have and what risks to keep in mind. Edit: it's tempting to not earn the 4.15 interest with just a click of the button ( I already have Robinhoo...Read more
My parents are getting retirement funds (~1 crore rs) and we are planning to invest. We are exploring few investment options: 1. Fixed deposit: Relatively less management headache. 4-5% rate of interest which yields 4/5 lakh per annum. Cons: 1. Have to distribute over various banks due to scams and...Read more