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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04-13-2023 Dollars & Sense, Announcement on Inflation
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03-30-2023 Dollars & Sense, Short-term Performance and Your Retirement Account Beneficiaries
03-16-2023 Dollars & Sense, Time to Check Your Bank Accounts!
03-09-2023 Dollars & Sense, How to Review & Track Your Spending
03-02-2023 Dollars & Sense, The Implications of Financially Supporting Your Adult Children
02-23-2023 Dollars & Sense, Do You Have Inflation Protection on Your Money?
02-16-2023 Dollars & Sense, How Artificial Intelligence is Changing the World
02-09-2023 Dollars & Sense, Will You Pull a Tom Brady?
02-02-2023 Dollars & Sense, Ease Your Retirement Fears
01-26-2023 Dollars & Sense, Have a Plan in Place
01-19-2023 Dollars & Sense, Hints of Improvement
01-12-2023 Dollars & Sense, Finding the Right Strategy for You
01-05-2023 Dollars & Sense, You Can’t Predict the Markets
12-29-2022 Dollars & Sense, New Year, New Rules?
12-22-2022 Dollars & Sense, Ending 2022 With Good News
12-14-2022 Dollars & Sense, Moving Forward
12-09-2022 Dollars & Sense, Year-End is Quickly Approaching...
12-01-2022 Dollars & Sense, Goodbye 2022
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