What Happens if Schwab Goes Bust?
Is Charles Schwab safe? After a "year from hell", Charles Schwab stock is down 4% versus a NYSE performance of +11%, a huge opportunity cost. But we're not here to talk about Schwab's stock, we're here to find out what would happen if Schwab goes bust. Are your assets safe? Can your stocks be used as collateral? We'll talk about that and more. We'll also help you find out what to look for when choosing the best brokerage. You ideally will want to find something that's large and well-established, with large amounts of assets in custody. And when in doubt, it doesn't hurt to spread your wealth…
The skinny
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