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But if you want to keep your money safe, liquid, and earning interest, one option is a US Treasury money market fund with checking privileges. True, these funds aren’t insured by the FDIC, but because they are tied only to US government debt and not to any corporations or banks that might default, the only way you can lose your money is if the government fails to pay its short-term obligations. If that happens, there is no US government, and all bets are off anyway!

I have been safe from molestation for many years, because I was poor and possessed nothing that anyone else could envy. But if you make me rich and prosperous I shall at once become the prey of thieves and marauders and probably will lose my life in the attempt to protect my fortune.

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