How solvent is American Share Insurance, and who pays if they go belly up? Does the government back them? I check the solvency of my life insurance, homeowner insurance, and auto insurance companies before I sign up; there are plenty of insurance companies which are not solvent in case of big losses.

I’m wondering why more people dont’ use Weiss ratings or Treasury bills. Both add a degree of confidence.

asianautica, thanks for the tip on the liquid CD. I will keep some money in a liquid CD. It’s a good idea to have an emergency fund, in case the car breaks down or something.