I've got a decent portion of the cash I keep on hand parked in one of the larger online banks (Ally to be specific) and while it's an fdic insured amount, I read some articles suggesting they are one of the 10 most or 20 most vulnerable to large securities losses in the wake of SVB...not trying to be a run on the bank guy but should I consider moving it?
I also have some stock through Ally Invest because it's easily transferable on their platform but I'd prefer not to liquidate at losses due to the market right now in order to move it. Anybody got some advice?
Thanks
I also have some stock through Ally Invest because it's easily transferable on their platform but I'd prefer not to liquidate at losses due to the market right now in order to move it. Anybody got some advice?
Thanks
