Gyroscopic Investing

Posted: **Sat Dec 31, 2011 2:52 pm**

Clive wrote: I'm a UK resident, so have no experience of Treasury Direct myself, but on seeing the following Bogleheads thread I thought it best to highlight a potential risk here.

http://www.bogleheads.org/forum/viewtop ... 10&t=87934

You are solely responsible for the confidentiality and use of your account number, password, and any other form(s) of authentication we may require. We will treat any transactions conducted using your password as having been authorized by you. We are not liable for any loss, liability, cost, or expense that you may incur as a result of transactions made using your password.

Is this unique to Treasury Direct?

Posted: **Sun Jan 01, 2012 2:32 pm**

A private brokerage usually has insurance coverage to handle account theft, etc. and more liberal policies in dealing with stolen credentials. The problem with dealing with the US Government is they have sovereign immunity against just about everything they do.

Posted: **Fri Jan 06, 2012 2:15 pm**

Not to say it couldn't be done, but it certainly wouldn't be easy for someone to steal money out of TreasuryDirect. I mean, it's not even easy to get actual Treasuries out of TreasuryDirect when you have your password.

Gyroscopic Investing

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Re: Treasury Direct Risk

Re: Treasury Direct Risk

Re: Treasury Direct Risk