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821-Friday Q&A: Business, Student Loans, Bankruptcy, Babies, Annual Fees, Houses, Etc.

Radical Personal Finance

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What Do I Do if I Have All My Money at Vanguard?

There are good cost savings for having things centralized. My concern is, what happens if that broker is committing fraud? And i don't think that vanguard has nearly the same risk that burney madoff has in terms of a broker or an asset class. If all o your money is at one broker and in one basic asset class, than that i'm really uncomfortable with.

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