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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (77706)11/21/2007 8:11:46 PM
From: Woody  Read Replies (1) | Respond to of 94695
 
I read it as 400,000 for securities and up to 100,000 cash for a total of 500,000. But if a melt down where to happen the securities more than likely would disappear and all you could claim is 100,000. Probably a mute point cause if things where ever to get that bad, I feel the SIPC would be in trouble also.

Woody



To: Real Man who wrote (77706)11/21/2007 8:13:25 PM
From: tdl4138  Read Replies (1) | Respond to of 94695
 
I could be mistaken, but doesn't the "insurance" apply to each named individual? In other words, if you have a joint account...isn't the insurance doubled?


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