Where Can I Find Fdic Secured Stocks Online?
Thursday, July 9th, 2009 at
10:59 am
No where because stocks are high risk investments. You can lose it all or make lots of money.
FDIC only insure bank accounts such as savings, checking, CDs, and money market accounts (but not money market funds). They don’t insure investment accounts.
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There is no such thing as insured stocks.
FDIC insures bank deposits only.
It has nothing to do with the riskiness of stocks.
Also – unlike what holly says – banks are not fdic insured. They offer accounts that have fdic insurance.
FDIC has nothing at all to do with any stocks of any kind period.
Stocks are NOT FDIC insured. NONE. FDIC is deposit coverage. Now, you can buy stocks of banks where the banks themselves are FDIC insured…but stocks in and of themselves are risky and are not insured.
FDIC insures bank deposits, not stocks.
No such thing.