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where is this password stored?
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its stored in IE it self... that means or the user account (Win2000+) of the PC which u r using....
Depends of few points...
such as,
Its not safe when u r using a publick computer (like cyber cafe / school computer / office computer)
Its not safe if you PC dont have or have a week Antivirus of AntiSpyware system... as these information can be collected and trojanwares can send these to their owners...
Otherways if its ur very own PC... and its very secure with Good uptodate AVS like KAV and uptodate windows installation... then yup its safe...