IMO, the only thing you have to worry about with your bank accounts, specifically checking and savings (and some CD's) is if they are below the FDIC insured limit, previously 100,000, now (if I heard correctly) going up to 250,000. Spread the accounts over several different banks, all accounts below the FDIC limit.

Investments, like stocks, mutual funds, etc. are not FDIC insured and have already taken a big hit over the last year. It could get worse, possibly much worse in the stock market. To sell now or ride it out? As the old saying goes, "you pay your money and you make your choice."

Preps are good, but IMHO I don't think dumping half your bank account $$ into preps is wise. One possible outcome of the present situation is "deflation" (the opposite of "inflation"), something not seen since the great depression, where CASH gained value and purchasing power, just the opposite of inflation where CASH loses purchasing power and value.

Good Luck with the preps.