Hello blinders, My E*trade account only provides insurance upto 250k and I want to know where you can increase this limit .. I have around 1.5mil in stocks
FDIC ensures cash. SIPC ensures stocks, but only the ownership, not their value.
You dont get more than 250k :) thats why rich people have many accounts and have royal privileges from big banks to cash out early
Rich people don’t need many accounts, they get insurance.
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