No. of Recommendations: 1
So, dummy question but I'd like the answer. I always forget what the answer is, so best I keep asking. Maybe one day it will sink in and I hope everytime I do ask, another innocent investor learns something, too.
But with the value of our shares growing steadily over the years, how many accounts do you need to hold your shares? If 500K is the SIPC limit and the additional insurance worded vaguely, should I be splitting up my IRA account that holds over 500K?
Advice?
Thank you in advance.
SD
