▲ 0 r/Schwab
What’s too much concentrated in one brokerage firm? Do you think in terms of whole dollars or % of NW, or not at all?
post says it.
As family NW grows over time and balances thankfully going up and up, should i be more concerned with counterparty exposure (or hacking or who knows)
If $10M NW, is $1M in SGOV or $1M in SNAXX too much? And would you diversify equity investments across different brokers?
Same answer at $20M NW or $100M?
u/Cereal-Is-Dinner — 1 day ago