Your savings are in a shin-plasters market mutual fund your broker told you was safe, but you stupefaction if it’s as safe as an account at an FDIC-insured bank.
The short answer is no. A small …

A wares mutual fund you bought at your bank had a big loss in 2008. The bank is FDIC insured, so you reflecting your money is safe.
You need to understand that FDIC surety does not …