SIPC vanguard

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sambb
Posts: 1519
Joined: Sun Mar 10, 2013 3:31 pm

SIPC vanguard

Postby sambb » Thu May 18, 2017 6:44 pm

I just read this on vanguard:
Vanguard funds not held in a brokerage account are held by The Vanguard Group, Inc., and are not protected by SIPC.

What are all thoughts? Time to upgrade? I dont like vanguard brokerage..

student
Posts: 670
Joined: Fri Apr 03, 2015 6:58 am

Re: SIPC vanguard

Postby student » Thu May 18, 2017 7:04 pm

This is a related thread.

viewtopic.php?t=19041

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nisiprius
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Location: The terrestrial, globular, planetary hunk of matter, flattened at the poles, is my abode.--O. Henry

Re: SIPC vanguard

Postby nisiprius » Thu May 18, 2017 8:23 pm

sambb, you've inspired me to write a draft of an article for the Bogleheads' Wiki. You can read the draft here:
SIPC protection of mutual funds
I would appreciate your thoughts on it.
Annual income twenty pounds, annual expenditure nineteen nineteen and six, result happiness; Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.


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