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Sun Sep 16th 23:49 PM | Rating: 0 0
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When Flying to Quality, Be "In the Bank"

I have a checking account in Citibank. It is a money market account.

I also moved my 401K to a fixed income fund that has an NAV of 1 (this is also a money market account).

In the case of a major financial meltdown, are these accounts safe? I just want to preserve my capital.

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