There are ways to keep insured cash in the bank above the FDIC’s cap of $250,000 but you are usually stuck at a very low return on that money.
Why not put that excess cash to work for you in a conservative, high-rate money market fund or ladder it in individual government securities?
At Asset Advisors, we can guide you through several low-risk investment options to reliably grow your money. Combined with our long-term philosophy of owning fundamentally-strong, well-managed companies with growing earnings and dividends, our strategies can help you weather the current storm of financial insecurity.
Call us today at 706-650-9900 to discuss the best way forward for you and your goals.
For more information on how to keep some insured cash on hand, see https://www.forbes.com/advisor/investing/best-low-risk-investments/