_As a former Stock Brokerage firm owner and Insurance agency owner I would like to share several thoughts on protecting your investment after it revalues.Below are several thoughts.
1. Rather then open a non-interest bearing account at a bank. A better thought open a stock brokerage account. The account is insured for it's full face amount. Your brokerage account will earn interest on the funds in the account, you will receive free checking, a free debit card and you can place a "P.O.D." [Payable on Death] (If you pass on the entire account transfers to the person named.) If you listen to your broker and you loose money you can contact a free service that has a 90% success rate in getting your lost money back.