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Investing - Theory, News & General • Disadvantages of Using SGOV as a savings account

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It would take quite a crisis for FDIC insured deposits to be lost. Could you really count on the ETF provider, brokerage, and exchange to be fine in that kind of extreme crisis? Maybe you'd be slightly safer than a bank account if you held the treasury bills yourself through Treasury Direct, assuming the needed infrastructure to use that still functioned.
Agree. Once you start invoking those 5-6 sigma events the discussion turns to burying Krugerrands in your backyard and floorboards.
They still make and sell Krugerrands ?

Statistics: Posted by beyou — Wed Dec 20, 2023 12:21 am — Replies 46 — Views 7998



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