re: Anyone see that Marc Chaikin email suggesting get money out of banks now?

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Have a savings account that is earning 4.25%.

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FDIC insured?

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Have a savings account that is earning 4.25%. And yes…… more than I should have in a bank. Just scared of market right now.

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I don’t know who Marc Chaikin is. No, I’m not emptying my bank or brokerage accounts based on what he or anyone else says. No, he hasn’t sent me any emails. If he did, I’d ask him who he is and why he’s sending me emails. And I wouldn’t pay any attention to the newsletter hucksters (if that’s what he is) and fear mongers who are swirling around the turlet bowl recently. Keep no more than the FDIC limits in a bank, or in multiple banks = you’re protected. If that seems unworkable, ladder yourself into t-bills in a way that you’ll periodically have access to the amount of money you’d typically need in a given time period.