SIPC protection for cash

[murray t turtle]

I have understand 250k is the limit for cash in a brokerage account that is insured by the SIPC. So, what do large investors, those whose cash position might exceed a million, do to insure that cash in the admittedly unlikely case of a brokerage collapse?

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Plenty of due diligence;
so most [edit or some]stopped doing business with Bear Stearns months before the cliff crash.
Inflation is a much bigger + much more likely threat, maybe not so much now.
BUT even 2% is a lot [-20%] over 10 years.
No disrespect intended to J Powell

 

[semperfrosty]

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LOL
Ammo;
raisins, and apples , [smoked sardines,LOL], salmon, canned fruit, canned chili, venison- so have plenty of ammo

I think the prepper thinking is that you could have an extremely well stocked bunker and not a worry in the world till your neighbours kids start crying with hunger and he heads over.

Qui desiderat pacem, praeparet bellum,etc.

 

[murray t turtle]

I think the prepper thinking is that you could have an extremely well stocked bunker and not a worry in the world till your neighbours kids start crying with hunger and he heads over.

Qui desiderat pacem, praeparet bellum,etc.

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OUR region has food pantries, blessing boxes=which anybody can give to +get some[Hebrew 13;1, food, ink pens, lotion...] churches + food sales.
WE also have plenty of ''NO Trespassing'' signs;
as a practical matter I target shoot somewhat regular.
.22 long rifle, .22 long rifle hollow point,[ .22 short hollow points in the past]; ,357 , .30-06+ others.
I heard a terrible scream once + went armed to see what it was!!!!
A king snake or black racer was squeezing the life out of rat thief pest. I thought briefly + said ''carry on '' to the rat- thief killing snake