One of the most commonly asked questions by customers in the field of trade. There are only two possible ways an investor may lose his money when he invests it in a brokerage account. One, if an event such as fraud or bankruptcy occurs at the brokerage firm, and two, through investment losses, which are subjected to market risks but is conveniently under your control, provided you have a discretionary basis account which requires client approval for any trade carried by the broker on behalf of his client.
So other than investment losses, one place where customers fear and feel helpless about is the first mentioned scenario, i.e. in cases of bankruptcy or fraud. And in their defense, considering the recent financial crises in 2008, they have a good reason to be worried. Fortunately for the investors, one could say that an investor’s money in a brokerage account is probably much safer with multiple lines of protection than it is in a bank’s savings account.
When a customer deposits his money in a bank, it is common knowledge that the money is never actually lying idle in a safety deposit box, and the bank has already probably loaned it to another customer. Such loans are a risk to any customer with money in his account. That is exactly why, in such cases of a financial crisis, banks are insured by Federal Deposit Insurance Corporation (FDIC), which covers losses up to $250,000 per individual.
But in the case of Brokerage accounts, money once deposited, the investor can be sure that his money is truly lying idle under the firm’s safety, thanks to the federal law that requires that the client’s brokerage account be segregated from the firm’s assets. But what in the case of bankruptcy or fraud? And this is where the Securities Investor Protection Corporation (SIPC) comes in; the SIPC covers losses of up to $500,000 including of up to $250,000 for cash claims. So it is arguably safer to deposit your money in a brokerage account.
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5 trusted websites to make money online
Read moreMaking money online has never been easier! The ever-expanding online world is swamped with legit opportunities that’ll help add some extra bucks to your bank from the comfort of your home. And, the best part is that you don’t always need to have certain skills or qualifications to earn money. Don’t believe us? We’ve compiled a list of trustworthy websites that can help you make money online. Try them!
Swagbucks
If you have a hard time trusting online survey sites, you likely haven’t tried Swagbucks. It is one of the most popular and legitimate websites that will pay you for everything from filling out surveys to watching videos to shopping online. You will receive your earnings in the form of gift cards from top retailers like Amazon and Walmart or cash back from PayPal.Upwork
Interested in taking up some freelance work? Consider creating an account on Upwork. It’s the world’s largest online marketplace to find great clients and grow your independent career. Regardless of what skill you have, be it writing, video editing, software development, graphic designing, or marketing, you can find work in no time.ThredUp
If you’re looking for motivation to clean up your closet, then check out ThredUp. You can sell items you no longer wear or need for cash, such as jeans, shorts, tops, dresses, swimwear, shoes, handbags, and backpacks. Another great thing is that there is no shipping fee for sending them your package. Keep in mind that you will receive the payment only if your items are accepted.Gazelle
Most of us have electronic waste lying around the house. So, why not make some money by selling them out? With Gazelle, you can trade your old Samsung, Pixel, OnePlus, iPhone, or any other phone, and even iPads and tablets for money. They will also cover your shipping costs. Gazelle pays via check, or they send you Amazon gift cards. Also, you can request a cash transfer to your PayPal account.Skillshare
As the name suggests, Skillshare is where you share your skills and get paid for them. All you have to do is make quality videos on your topic of interest like crafts, film, fashion, cooking, or anything else you love to do. The platform will then compensate you for every minute of your video watched by their Premium students. The best teachers on Skillshare make more than $100,000 a year. -
Make Your Small Room Capacious With Murphy Beds
Read moreWondering what Murphy beds are? Have you seen people living in a studio apartment or a one-room kitchen flat? Do you feel congested entering those apartments? If yes, you may ask them to get themselves a Murphy bed.
Murphy beds are commonly known as wall beds or folding beds. These beds are built across walls and are pivoted at one end. Thus, it can easily be folded whenever not in use. Ideally, it is used in ships, one bedroom apartments, or movable houses. It doesn’t occupy much space and can be folded whenever not in use. This is one of the most compact beds that you can buy if you have a small house and you want to save space.
Birth of the Murphy Beds
No doubt, the Murphy beds were named after a person called William Lawrence Murphy, who was living in a studio apartment in San Francisco between the 19th and 20th century. Due to lack of space in his apartment, he invented this bed with a hinge at an end.
Advantages of Murphy Beds over traditional beds
Makes your room capacious
Murphy beds can easily be folded along the wall, allowing more space in the room for other things. It makes your room look bigger and clean. Every night or whenever you wish to lie down, you may open up your bed and when leaving the bed, simply fold it along the wall.
A comfortable and sound sleep
There are many other companies making beds that are of the same design. But, when it comes to Murphy beds, the comfort and class are to the next level. Murphy beds are sold by several other reputed furniture companies. You may easily notice the difference between the folding/wall beds from Murphy and other companies. The other specialty of an original Murphy bed is the lifelong guarantee on the product and its durability. So, you need not worry when spending money on this amazing bed because it offers a guarantee with the comfort.
Adds value and class to your interior
In case you are planning to shift to a new location, you need not worry. Your Murphy bed can easily be carried from one place to another. But, if you have planned to leave it back in your old house, or wish to sell it, you will be offered an extra price for it. There are 4 very simple reasons for this-
– The quality of this bed is unbeatable
– It offers a lifetime guarantee
– It adds comfort to your life
– Offers a lavish interior designTop 5 stores that sell Murphy Beds
– Murphy Bed USA Inc in Boca Raton
– Murphy Wallbed USA in Tulsa
– Murphy Wall Beds Hardware in Surrey
– More Space Place Salem in Salem
– Bredabeds in NampaBuying Murphy Beds online
Apart from several other sites such as Amazon, Walmart, eBay, you can also pick up your favorite product by visiting the official site of Murphy Bed Depot. Here you’ll get original products at a discounted price during season sales. The site offers easy and secure shipping facility along with installation.
So, if you are dealing with space shortage at your home and if want to make your bedroom even more commodious, go for it. Murphy Beds are just for you. This helps in utilizing the space created as a living room, office, library, or study room for you.
Not only this, Murphy Beds are even more comfortable when sleeping. The mattresses used by Murphy Bed Depot are soft and fluffy which offer you a comfortable sleep without hurting your back.
So, don’t think twice, just log in, make the payment and get your bed in your room. Just place an order and Murphy Bed is all yours.
Order now and feel like a king/queen at your own place.