It’s no surprise that the media had played a part in the mass hysteria surrounding banks “supposedly failing” over the past few weeks. After the initial shock wore off, we began to see this was far more of a media event than it was an impact to your pocketbook event. The media had a field day with this.
Realistically, when you hear a bank fails, it doesn’t necessarily mean they ran out of money. It means that they don’t have the liquidity right now to hand you your cash.
Listen to what Marc and Marion have to say in this week’s episode of Dollars & Sense to learn more.
A full complement of Dollars & Sense broadcasts found here.
DISCLOSURES:
During Dollars & Sense with Freedman Financial, your host, Marc Freedman, may discuss specific financial planning and investment ideas. These discussions are for general information only and are not intended to provide specific advice or recommendations.
Securities and advisory services are offered through LPL Financial, a Member of FINRA and SIPC.
Always consult a Certified Financial Planner professional, qualified attorney, or tax advisor prior to investing to determine what is appropriate for you.
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SECURE ACT: Impact on Small Business Retirement Plan Offering (1/5/20-s2), Dollars & Sense
SECURE ACT: Impact on Wealth Transfer (1/5/20-s4), Dollars & Sense
SECURE ACT: Impact on Beneficiaries (1/5/20-s3), Dollars & Sense
1-05-20 Dollars & Sense: SECURE ACT-Setting Every Community Up for Retirement Enhancement-what it means
SECURE ACT: Impact on RMD (1/5/20-s1), Dollars & Sense
12-29-19 Dollars & Sense: Prep for being an empty nester, are you gramping?
12-22-19 Dollars & Sense: Prudent holiday spending; did you max your 401k in 2019?
12-08-19 Dollars & Sense: Living longer could impact your inheritance plans.
12-01-19 Dollars & Sense: What are your expenses? Are your kids ready for Adulting? Financial Literacy. What is a Fudiciary?
11-17-19 Dollars & Sense: What are you doing with your money every month?
11-10-19 Dollars & Sense: Ageing for Life, ‘Encore Living’, Togetherness Math
11-03-19 Dollars & Sense: Marion Gilman joins Marc for broadcast
10-27-19 Dollars & Sense: Investment Strategies and Income Streams during Retirement
10-13-19 Dollars & Sense: Empty Nesters keeping kids on the payroll-market movement and you
9-22-19 Dollars & Sense: What are you spending, the Need for an Emergency Fund
9-15-19 Dollars & Sense: Outlook for the Rest of the Year, Open Minded Retirement Planning
9-08-19 Dollars & Sense: Guest Marion Gilman-Exec VP Partner at Freedman Discussing the Market
8-18-19 Dollars & Sense: Biggest Retirement Decision, Biggest Investment Mistake, Value of Historical Performance
8-11-19 Dollars & Sense: Need for Emergency Fund, Market Volatility and the S&P 500
8-04-19 Dollars & Sense: ‘College Days’ Financing Tuition Considerations, Don’t Forget the Beneficiary
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