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re: If Robinhood goes under tomorrow will I lose everything?
Posted on 1/29/21 at 9:40 am to LSUisBetterthanU
Posted on 1/29/21 at 9:40 am to LSUisBetterthanU
quote:
No you will not lose anything. All stock and funds are federally insured through third parties. All Robinhood corporate funds are not commingled with your portfolio funds.
You are insured up to 500k.
If Robinhood goes under, they cannot touch your funds.
I've literally heard the exact opposite about Robinhood.
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