Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News Editorials & Other Articles General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

CountAllVotes

(21,048 posts)
3. Mine is in a FDIC insured CD
Thu Mar 16, 2023, 02:12 PM
Mar 2023

And that is where it has been for a long time.

If it is in the stock market, no.

If it goes belly up, you have no insurance on it.

In stocks or bonds? Not a chance. mahatmakanejeeves Mar 2023 #1
Thanks question everything Mar 2023 #2
That's not quite right. SIPC insures (from institution failure) up to $500K. spooky3 Mar 2023 #5
Oh, sorry. Good point. mahatmakanejeeves Mar 2023 #7
Mine is in a FDIC insured CD CountAllVotes Mar 2023 #3
I have a Discover Savings IRA SheltieLover Mar 2023 #4
Yes, if your brokerage/mutual fund house is SIPC-insured, up to $500K. spooky3 Mar 2023 #6
Thanks. We did nothing in 1987, 2002 or 2008. Just rode it and the values recovered question everything Mar 2023 #8
In 87 I rode it out and recovered in a short time. multigraincracker Mar 2023 #18
Stock market "investing" is like going to a casino that's rigged in the house's favor blah blah progree Mar 2023 #9
Thank you for a most interesting and detailed summary question everything Mar 2023 #12
Oh, to answer your question, I'm not aware of anything that offers more protection to retirement progree Mar 2023 #10
Will be interesting if Vanguard will email the details. question everything Mar 2023 #13
Where wealthy investors are putting their cash after SVB collapse, CNBC progree Mar 2023 #11
Mindful of several ideas bucolic_frolic Mar 2023 #14
If only I could time the markets (or find someone who could), I would do so progree Mar 2023 #15
We've had this argument before bucolic_frolic Mar 2023 #16
Yes, I remember progree Mar 2023 #17
You are right. PoindexterOglethorpe Mar 2023 #19
Latest Discussions»Culture Forums»Personal Finance and Investing»Do retirement accounts ha...»Reply #3