Talk of The Villages Florida - View Single Post - Anybody concerned about the security of their bank/brokerage accounts?
Thread: Anybody concerned about the security of their bank/brokerage accounts?
View Single Post
 
Old 03-26-2023, 05:53 AM
ithos ithos is offline
Gold member
Join Date: Nov 2015
Posts: 1,120
Thanks: 2,700
Thanked 848 Times in 411 Posts
Default
Quote:
Originally Posted by walterray1 View Post
Go to the Schwab website and read their comments from Chuck Schwab and CEO Walt Bettinger about recent events. Then click on Walt Bettinger's extensive interview with CNBC. There should be no and I emphasize no concern with investing with Charles Schwab. You say you are a client and yet you post this. Their stock went down. Not surprising given the overall situation. Why would you post a negative thing against the very place you invest?
Why wouldn't he? Do you think a post on TOTV is going to start a run of transfers at Schwab? He is a very savvy investor and knows how to protect his investments.

When it comes to investing, ignorance is not bliss. It may be a harbinger of surprises in the banking industry. Considering all the retirees here, many with financial backgrounds, TOTV is an idea place to broach this subject.
Last edited by ithos; 03-26-2023 at 06:03 AM.