What this is referring to is IRA, SEPs, etc. Retirement type investments. NOT just stocks that you basically “gamble” with. I think you are right, with stocks we shouldn’t expect them to be guaranteed. The point is that there ARE retirement investments out there that are NOT FDIC insured and now is not the time to be investing in those w/your retirement accounts.

Thanks for the thought provoking comment!

Darla

When I invest money, I take on risk. That risk wouldn’t be there if my investment was insured. When I go to a casino (hey, it could happen!) I can’t get insurance for losing money on the slot machine.

My checking and savings accounts are FDIC insured, but I don’t know anyone that thinks of a savings/checking account as an investment. It’s a parking lot for money.

So, I’m confused how someone can have an FDIC insured investment by the definition of investment. Guess me and Google are going to get close for the next little bit…because if there are insured investments that aren’t savings accounts, I’m all ears.

But my non-FDIC insured investments don’t worry me. I don’t invest enough of my money that I would be bankrupt if my investments failed. That’s the nature of investing, you don’t take on more risk than you can afford to lose. Right?