Could you, for example, invest everyting into Bonds or ETFs? Are they safe in case the bank goes bankrupt? Are they liquid enough? What is the timeframe to convert these alternatives to cash? Minutes, hours, days?
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Timeframe to convert most market investments to cash is days.
Most crises which can't wait that long can be put on a business's line of credit or credit card. Most transactions these days aren't in cash anyway.
If you're really concerned about needing hard funds immediately at the same moment a bank is going under, split your operating capital between two banks.
keshlam
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