chinaco
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Feb 14, 2007
- Messages
- 5,072
On another thread someone was asking about consolidating their funds at one MF company (VG). I have also considered consolidating our assets and using 1 MF company for convenience. But I am wondering if I reduce my risk by using two MF companies and putting 1/2 of our money at two large MF providers (e.g., VG and T Rowe Price).
One question I have for the forum had about using s single provider.
Does the use of one MF company present a risk? What kind of situations might occur where I would wish that I would have split my assets between two MF companies? For example:
One question I have for the forum had about using s single provider.
Does the use of one MF company present a risk? What kind of situations might occur where I would wish that I would have split my assets between two MF companies? For example:
- if VG ever went Bankrupt... would my money be tied up?
- is there a chance that some $h!th3ad at a MF company may do something like that European trader (lose several $B) and it affect my account?