To be fully honest with you and as someone who have been investing for a while and as someone who have done some good as well as stupid decisions in the investing world the answer is that money is in fact insured.
However it’s only against the very unlikely event of an investment company or a brokerage company goes down hill and bankrupt.
The ugly side with broker companies and all brokers is that their coverage of Securities Investor Protection Corporation (SIPC) doesn’t actually cover any loss in value of your investments.
What a stuff of un-ambiguity and preserveness of valuable familiarity regarding unexpected
feelings.
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