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But you do have insurance. For some of the amount. You just didn’t pick the vendor. Or have to think about it. You are, in a way, making my point.
by dbcurtis 4y ago
But you do have insurance. For some of the amount. You just didn’t pick the vendor. Or have to think about it. You are, in a way, making my point.
- roland35 4y agoI don't think I understand. Fidelity 401k - Millions of people put in their paychecks, millions of people have withdrawn successfully in their retirement. An unsophisticated investor will not lose anything. Crypto - no way to know what, if any, company is legit. If I use a hardware wallet and lose it I'm screwed. FTX seemed pretty legit a few weeks ago, they even had an NBA arena named after them! There are dozens of ways an unsophisticated investor can lose everything.