“Seriously don’t understand why anyone with $10k-$100K wouldn’t use them with the FDIC insurance.
Some of the “big banks” are paying like 3%… https://bank.countrywide.com/
Am I missing something ???”
No, unless you are under 30-40 yrs old and have less than $200K in your investment portfolio. In this case, having more than $10K (5% of your portfolio) in cash or equivalents is over-conservative for a longer investment horizon. I would say this may apply to many .. so I would say ……
