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Want to build a retirement portfolio outside what I'm currently already building up since I have some extra cash lying around.

I have a pretty good idea of what I want my portfolio to look like, but my question is: is it generally advisable to go with a cheap online broker like TD or E-trade or Saxo?

The value of this portfolio would swell over time and it would suck to lose it all of any of these companies go out of business in the coming ~40 years. Or are there safeguards against that?

TLDR can I safely store large amounts of wealth in a cheap online brokerage account?



Submitted August 03, 2018 at 10:50PM by PTRS https://ift.tt/2vmIsF1

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