Extremely Simple Stock Question

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jhogue
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Re: Extremely Simple Stock Question

Post by jhogue » Sun Apr 12, 2020 9:35 am

Fidelity's insurance coverage is detailed here:

https://www.fidelity.com/trading/faqs-about-account

1. Fidelity accounts have SIPC coverage up to $500,000.
2. Fidelity carries excess of SIPC with Lloyd's of London.
3. Note the limitations of coverage. SIPC does not insure precious metals, options, annuities, etc.
“Groucho Marx wrote:
A stock trader asked him, "Groucho, where do you put all your money?" Groucho was said to have replied, "In Treasury bonds", and the trader said, "You can't make much money on those." Groucho said, "You can if you have enough of them!"
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