There's a significant disparity between the guarantees on offer between bank deposits and investments in the EU. It's up to 100k for the former vs 90% of your loss capped at 20k for the latter. It's not like this everywhere of course, the UK matches the 85k GBP it offers on bank deposits to investments if I'm not mistaken. I believe the Swiss do something similar.
For people with large 5 or 6 figure sums, who want to invest in equities, doesn't that act as a significant disadvantage going with an EU institution?
Is there something I'm missing, or am I overstating the risk? Where do people with large sums to invest (who don't want to be landlords), put their funds?
For people with large 5 or 6 figure sums, who want to invest in equities, doesn't that act as a significant disadvantage going with an EU institution?
Is there something I'm missing, or am I overstating the risk? Where do people with large sums to invest (who don't want to be landlords), put their funds?