107: How Safe Are Your Accounts?

The collapse of crypto exchange FTX raises a question for every saver and investor: what happens to your money if the company that holds your account goes under? On this episode we explain how safe your accounts are no matter where they are and, who has your back in the case something smells fishy. That goes for a bank, brokerage firm, retirement account provider, etc. So if you've been leery about putting your money away or investing because it doesn't feel "safe", this show is for you. This is a public episode. If you'd like to discuss this with other subscribers or get access to bonus episodes, visit www.thenorthstar.com/subscribe