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05.11.23 Best Saving Strategies Right Now / Yes, Life Insurance. Let’s Do This!

The Clark Howard Podcast

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The Irony of Bank Failures

Brokert CDs, like those sold on Vanguard, have a higher interest rate than those sold in banks. When you do a broker placed CD through Vanguard, in your case, Schwab or Fidelity, you will get the best rates and millions of dollars of FDIC insurance. Just less than half of all money in banks now is no longer FDIC insured.

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