Originally Posted by
HawkeyeFlyer
Very serious question, i swear not being snarky. Why do you use so many platforms as it is. The way this is worded you have Chase, Merrill, Fidelity, Wells Fargo and Schwab. Just curious why you are so diversified.
I like to try and experiment to see what platform is better. I can easily consolidate some if I want to. Unfortunately Citi and Chase did not make the lists. The remainders I like to keep.
It is never a good idea to keep just one platform. I've had outages from Merrill, Schwab, Fidelity and Interactive brokers. Some can last for half a day. That becomes rather common now with so many people staying home.
The SIPC insurance is a minor factor.
Here is a standard 2x NASDAQ ETF. Not allowed at all.
