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Old 05-03-2018 | 04:33 PM
  #47  
sailingfun
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Joined: Feb 2008
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Originally Posted by snowdawg
Does anyone think it's possible that Fidelity could go bankrupt?
How much of your investments are insured? Up to what dollar amount?
By who?
Your money is in your name but does that make it 100% safe?
Can you name any Brokerage house(s) that have gone chapter 7?
Have you ever heard of "Black Monday, Tuesday, or Friday? Notice the choices are singular, meaning one bad day. Not numerous consecutive days, weeks, months, years.
Does anyone remember the bank bailout years ago? Any Idea what would have happened to money market funds and other supposed low risk funds had that bailout not happened?

Many things that make you go hmmmm...
2hen you turn 591/2 you can move funds to other brokerage houses. I have diversified mine.
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