May 19, 2023
Derek Ripp meets with Gary Zimmerman of MaxMyInterest to discuss the fragility of banks, risks to cash depositors, and strategies to reduce risk and optimize yield on cash in bank accounts.
· Cash is King or Cash is Trash?
· What should investors learn from the Silicon Valley Bank fiasco?
· What is the risk to cash beyond FDIC limits?
· How MaxMyInterest provides FDIC covered accounts on large deposits
· Fighting the effects of inflation on cash
· Actively managing savings accounts for higher yields