Cash is usually considered the safest asset — but with the way our economy is, it may not be as safe as it sounds.

Though there are a lot of safe places to place your money, including banks that have FDIC insurance, but there are other avenues where cash isn’t as protected, according to an article on Get Rich Slowly.

FDIC insurance covers up to $250,000 dollars and include checking, savings and money-market deposit accounts. It does not insure stocks, bonds or money-market funds, which are different from money-market accounts.

The article suggests that there are few reasons to stay with a money-market fund, and that a higher-yielding, longer-term certificate of depost, or CD, is a smart place to save money.

This is especially true if you can leave the money alone for about two years, the article conclues.

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