European trad finance bros will talk for hours on end how they spent 10 years saving half a million into an MSCI World (because of its good risk/reward ratio) without considering once that, in case of broker fraud, their balance is insured for 20k EUR 🤣

Founder /kiwi-news, a decentralized Hacker News

Wait no, don't screencap me lil shid

(so little users on farcaster, gotta play both sides)

Found the European @inversebrah 😂😂😂

To clarify my just deleted cast: In Germany etfs belong to the person, so if banks get liquidated you get your etf back. Banks can't sell your etf or work with it