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Originally Posted by lewdog
Investments are protected in similar fashion, by SIPC though correct? So just as important to have them spread out as well?
Thanks for your information.
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Nah. Unless Vanguard were taken down due to some massive fraud where your assets were commingled and then stolen in a Madoff-esque fashion, I don’t think you need to spread things out.
Huge institutions invest with money managers all the time - it’s their easiest avenue to deploy capital into the markets - and they definitely aren’t spreading out a $5bn allotment amongst a thousand different managers.