Ask Terry Questions PUBLIC.COM

PUBLIC.COM

By Terry Savage on October 13, 2023 | Investments

IS IT SAFE TO USE PUBLIC.COM FOR INVESTMENTS, WHICH IS ON-LINE?
I ALWAYS WORRY ABOUT GIVING PERSONAL INFORMATION (SS#, BANK ACCOUNT #’S, ETC.)
THANK YOU FOR YOUR EXPERTISE AND ANSWER.

Terry Says

Public.com is a new “alternative” online investing firm. They specialize in lesser-known corners of the market, including art, crypto, etc –as well as stocks. They are a member of SIPC so your account is guaranteed against malfeasance (not losses!) up to $500,000.
But unless you want to do some very sophisticated investing (which your question belies), I’d suggest you stick with a brokerage firm like Schwab, or Fidelity or Vanguard brokerage divisions.

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