Do you spread the portfolio across various Custody accounts with various providers (banks)? Deposit protection is generally set at €100k.
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@HannesAlbers Deposit protection only applies to cash, not shares.
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@HannesAlbers Yes. But not because of deposit protection. Shares are special assets anyway. If the bank/broker goes bust, your shares are not affected. They are held in depositories. You can at least take a look at where they are at Volksbank.
I have different custody accounts partly because of the costs (Volksbank just under €17 per trade) and partly because many things cannot be traded at all at Volksbank. For example, banks have something against Reits like realty income etc.
I have different custody accounts partly because of the costs (Volksbank just under €17 per trade) and partly because many things cannot be traded at all at Volksbank. For example, banks have something against Reits like realty income etc.
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