chicken money
is there a reason to have a diversified chicken money portfolio or is one spot ok?
Terry Says
You want to stay under the insured deposit limits if using a bank.
Read this: https://www.fdic.gov/resources/deposit-insurance/financial-products-insured
But if you’re using Treasury bills purchased through TreasuryDirect.gov, then no need for multiple chicken money locations (except you might want to have some in a money market deposit account for easy and instant access).
Read this on how to buy T-bills: https://www.terrysavage.com/t-bills-beat-cds-2/
