<prompt> Human: Ive had money in a bank that went bust and was fine because it was less than the FDIC limit. Im considering putting money in my Vanguard account that will take me over the FDIC limit. Could someone explain what would happen if Vanguard collapsed and I had more than the FDIC limit invested in it?  <response>: Why would you be protected from money youre investing? Its subject to market risk. Its not even in Vanguards hands. Youre buying assets with your money and the value you see is just how much your assets are worth at that time. 