Do you recall that the money markets froze up in 2008, and can now “float” (i.e. lose money) and that, for 0.1% interest is a ridiculously low price to be paid to be exposed to that risk? Oh, and that nothing from 2008 regarding systemic issues in the financial system, was fixed then? But that instead the problems today are worse?
You are of the opinion that a money market insured to $250K is less safe than a checking account insured to $250K under the same conditions in which there could be a collapse as described in this article?
O... K...
Like I said. Not interested in taking financial advice from someone who knows so little.