
261: Humbled Trader - Lamborghini Money Quest Teaches Valuable Lessons
Chat With Traders
00:00
The Struggles of Traders After Bank Blowups
In the states, I think it's up to 250,000 for all the deposits as well as the broker accounts in Canada. After seeing what happened to SDB, I got a lot more cautious, especially with my US exposures. So yeah, so I make sure if my brokerage accounts are with the states, with the US, I keep it max at 250k. But my Canadian ones, the Canadian regulation is a lot different where deposits were only insured for 100k, but the broker accounts, you are insured for up to a million. It used to be every week or every other week, but now it's once a month where I have to fight my overt trading tendencies and not
Transcript
Play full episode