Chicken money
Are you referring to “Short term insured deposits” the same as bank savings accounts insured by the FDIC? In other words, keeping cash on hand as opposed to staying in stocks, bonds, ETFs, etc.?
Terry Says
Yes. Exactly. Chicken money belongs in short term (less than 2 years) FDIC-insured bank CDs or money market deposit accounts, T-bills, and T-bill only money market funds.
