Re: Would you keep over $100, 000 in the Bank?
First, there should be no need to risk going without FDIC insurance. There are several ways around the limit, including spreading your money across multiple banks.
Second, I would argue having $100k in savings is not necessarily a good goal. It depends on what you're saving for. If you have a particular short-term goal in mind for that money (like buying a house), that's fine. But if that money is for long-term savings, then you'll never overcome the effects of taxes and inflation.
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