Stocks themselves don't need insurance from the brokerage, as they're in custody somewhere else. Depends on the country, I presume.
What I meant is there's no insurance against the company you own going bankrupt. If you buy Tesla and it goes south, nobody will rescue your funds.
Stocks themselves don't need insurance from the brokerage, as they're in custody somewhere else. Depends on the country, I presume.
What I meant is there's no insurance against the company you own going bankrupt. If you buy Tesla and it goes south, nobody will rescue your funds.