One firm beats them all, again.

As we are heading into more financial turbulence, as reflected by the inverted yield curve, it comforts me that my money is with the safest (i.e. most profitable) custodian available to an armchair investor.

source: https://mcusercontent.com/08f9a0d62...VS_Advisory_IBKR_Write_Up_September_2022_.pdf

 

%%
Good points;
Bill.com looks good unless some tries to use their overpriced check or overpriced debit card fee\ or wants to use a phone to contact them\LOL\customer service.
HODD looks like the only broker to be concerned about\ even though WFC has been fined so much+ Fed restricted , have to wonder about their character

 

How can you conclude that IB is the safest custodian available to an armchair investor?

 

In financial services, the higher the profit margins the better the balance sheet.

 

I think the 2008 crisis proved that was a bad metric.

 

Why doesBill.com looks good if they are losing money?

 

%%
YOU must mean,besides the 3 problems i found \noted with it??
Actually zdreg, i haven't had the time to really\ really study them + may never.
But to answer your question, its possible , since AMZN did that plan for years.

 

IB has always had plenty of cash and a general low-risk attitude regarding what they will allow their traders to get away with. It seems they won't go belly up when the next storm hits.

 

Wont go belly up but wont go anywhere else either.

 

Exactly what you want from your broker. lol. "won't go anywhere".