You are viewing a single comment's thread from:

RE: Leo Talk 4/29/2021 -Come Join Our Chat

Different kind of risk depending upon where you are.

There are safeguards in place, up to a certain limit, that does protect people in certain instances. For example, the money in banks up to a limit are covered by FDIC.

Of course, there was no protection against them taking the market and killing a lot of stock along the way.

Posted Using LeoFinance Beta

Sort:  

That is very true. Everything is a risk though. What happens if the FDIC goes bankrupt? Not probable, but it is possible.

Posted Using LeoFinance Beta