SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 680.28-0.5%Dec 1 4:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: GROUND ZERO™ who wrote (47357)3/18/2013 10:31:37 AM
From: Augustus Gloop  Read Replies (1) of 219539
 
Correct.

I'm not sure if SIPC and FDIC cover a total of or a combination of all so my "correct" response may not be correct.

SICP is 1 mil, FDIC is 500k and SIPC can be dicey.

If we saw systemic insolvency the reality is that FDIC could payout around 1% on the dollar.

Of course were that to happen we'd all be bartering for food and likely about to have a civil war
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext