GT Part 7: Does SIPC Really Protect Your Stock and Bond Portfolio? Unveiling the Truth

First published at 00:12 UTC on March 30th, 2024.

I have some good news and some bad news. SIPC ‘insurance’ coverage for your brokerage portfolio operates reasonably well (that’s the good news) but is woefully undercapitalized for a true financial crisis. How much it may or may not cover is far mor…

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