### Comment:
You can transfer shares rather than selling them to avoid a taxable event, btw. That's what I did. 
  
 Still, I have a feeling that shares are safer than cash. If they went bankrupt, you own your shares and they have no right to claim them to their creditors. With cash they can say 'yeah, we just don't actually have the funds to give you your money back. SFYL.'

### REPLY:
In theory they’re covered by SPIC. But in practice seeing the court case where they try to claim coverage because they defaulted after giving totally unsecured loans would be hilarious.

### END.