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Brokerage accounts good for health?

Discussion in 'Investing/Trading/Cryptocurrency/Altcoins' started by BorisBasic, Feb 1, 2019.

  1. BorisBasic
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    BorisBasic PARKED

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    I’m an extremely flawed person when it comes to making choices in my life. But I have picked experiences too. This time I’m looking forward to investing and trading stocks. I’m a novice in this but I have begun accumulating all the information related to brokerage and trading accounts. But I have also gone through potential risks that comes with trading stocks and shares. I studied the common losses that can come with trading and the chances of failing are much higher when you start on your own. So I looked for insurance brokerage services and looked for options to insure my brokerage account. Could you guys review this post with any of your experiences? But I wondered, what if, since most brokerages only insure $1 million, then what would happen if a billionaire held all his stock in one brokerage and that broker failed?


    Thanks in advance
     

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