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/biz/ - Business & Finance

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54037686 No.54037686 [Reply] [Original]

I have 150k in fidelity, my dad has 200k in E-Trade, and my mom has 100k in fidelity. Is our money safe?

>> No.54037706

>>54037686
your dad is a degen. 200k in e-trade. holy based

>> No.54037730

>>54037686
To some degree, I'd say. It'd be a pretty epic shitshow if they let Fidelity fail.

>> No.54037762

>>54037706
That's boomer confidence.

>> No.54037839

>my money is tied up in the form of 1s and 0s on an institutional lender's server
>Of course I don't own any boomer rocks; I am not a retard.

>> No.54037892

>>54037686
this reminds me of the series 7 lol

>> No.54037954

>>54037686
yes its fdic insured
cash is king in a recession, youll be fine just dont panic

>> No.54038017

>>54037686
Up to $250K is FDIC insured.

>> No.54038066

>>54037686
is your dad single

>> No.54038140

Etrade is Morgan Stanley now. Pretty big institution with off the chart contagion potential. If that fails, your retirement goals will change a bit anyways.

>> No.54038163

>>54038140
Based on my cursory research, MS isn't connected in any way to SVB. (I have $120k in cash deposits with etrade)

>> No.54038369

Probably the most muzzlim post I've come across. OP are you and your family immigrants? That is sad money. Wtf how old are your parents? They should have way more than that

>> No.54038676

>>54037686
Jokes on you I lost all my digital savings last year when celsius rugged. At the peak I was getting over $700/wk in fake yield. The first few weeks after a rugpull are tough but it gets better. You learn a few important lessons the hard way.

>never trust chinks, jews or lawyers
>no your kikes not your koins
>chapter 11 procedures
>impulse control (to not kill the jews, chinks or liars)

You'll get through this and be a better person for it. Hope you have a loving wife and some debt free investment properties on the side. If not for those I'd be in lauded in jail for the most splendid kike-brain spilling massacre the world has seen since the Roman empire.

>> No.54038680

>>54038369
well we run a small business that my dad funded with his 401k. we've been running it for 15 years, we own the property which is valued at 1.5 million or so. still owe 500k on it but still. i think thats where a lot of his net worth lies. im 34 and my parents are in their 60's

>> No.54039213

>>54038680
That's real. Keep your family close. It's gonna be a wild ride

>> No.54039576

>>54037762
My dad had 500k in Etrade.
He died though.