4.6 • 1.8K Ratings
🗓️ 24 August 2020
⏱️ 11 minutes
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0:00.0 | Welcome to the Jill on Money Coronavirus Market Update. It is Monday, August 24th. |
0:11.0 | And, wow, end of August it's amazing I don't know about you Mark but this period this |
0:18.5 | pandemic period has really messed with time for me so the days feel really long |
0:25.0 | long, but then you pick your head up |
0:26.6 | and you say it's the end of August. |
0:28.6 | I can't, I don't know, it's not computing. |
0:31.6 | And yes, and as Mark points points out and not much has changed. It is the ultimate |
0:36.9 | Groundhog's Day. That's what it feels like truly. Okay, let's see if you've got a financial question, send me an email. It's Ask Jill at |
0:47.0 | Jill onmoney.com. That's Ask Jill at Jill on Money.com. |
0:52.0 | Michael writes, I love your podcast, |
0:55.0 | and recently I mentioned, he says, |
0:58.0 | that investments are covered by CIPIC Security's Investor Protection Corporation. |
1:04.0 | So if you're with a larger brokerage house, |
1:06.6 | this is not a concern. |
1:08.5 | It's not that it's not a concern. |
1:09.9 | If you're with any brokerage house, okay, that is, you know, registered. You have |
1:16.8 | CIPIC protection, meaning you are covered against the failure of that firm. |
1:23.0 | And the only difference between a large and a small |
1:26.0 | is that, you know, maybe the smaller roboo |
1:29.0 | could be more at risk of going out of business, |
1:32.0 | but even that seems somewhat far-fetched. |
1:35.1 | But that said, you're protected up to a half a million dollars, okay? |
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