Re: concerned about FDIC insurance limit?
You're right; I'm an idiot. So SIPC covers accounts up to 500k including 100k in cash. I assume by cash they are just talking about money in the account that isn't in a stock. If so that covers me for a while yet unless I'm cashing out everything to move it in which case it looks like I should try to keep less than 100k in cash at a time just in case it would happen to crash the same day I am moving it.
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