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MJ DeMarco
I followed the science; all I found was money.
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I have a question that has always interested me, but may seem stupid to some.
For all the Multi-Millionaires out there, where do most of you put all that money when its not working? What bank or asset allows you to store cash safely in those large amounts? What do most MMs use?
I'm spread out among several brokerage firms ... I'm parked in institutional money market funds, euro funds, and municipal bonds ... this will change upon several scenarios 1) My tax bracket recedes or 2) A new business venture starts to offspring profit. If one (or both) of these happen, I move into more aggressive investments which is prudent since inflation and currency devaluation is eroding the real value of the dollar, hence eating away at my real rate-of-return.