NEW YORK ( TheStreet) -- If you're an investor who likes to keep ample amounts of "cash" in your brokerage account, you may want to consider opening an online savings account linked to a brokerage account instead. Here's why:Most brokerage accounts require investors to hold cash in a money market mutual fund: These funds can lose value and are not FDIC insured. If short-term debt inside of a money market fund cannot be paid (or paid in full), investors will be forced to absorb losses. The likelihood of your money market fund "breaking the buck" (dropping below $1 per share) is extremely unlikely, but it has happened in recent history ( notably, following Lehman Brothers' collapse in 2008).
How to Protect Your 'Cash' From Crash
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