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Re: Extremely Simple Stock Question

Posted: Sun Apr 12, 2020 12:46 am
by Smith1776
stuper1 wrote: Sat Apr 11, 2020 11:21 pm Ok, so if I had a $2 million PP held at Vanguard, where 3 of the four assets were Vanguard mutual funds (stocks, bonds, cash) and the fourth asset was $500,000 in a gold ETF, does this mean that my entire $2M is safe against financial shenanigans?
Reasonably safe, but I'd hold at least a modicum of gold in physical form.

Re: Extremely Simple Stock Question

Posted: Sun Apr 12, 2020 9:35 am
by jhogue
Fidelity's insurance coverage is detailed here:

https://www.fidelity.com/trading/faqs-about-account

1. Fidelity accounts have SIPC coverage up to $500,000.
2. Fidelity carries excess of SIPC with Lloyd's of London.
3. Note the limitations of coverage. SIPC does not insure precious metals, options, annuities, etc.