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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1-16-22 Dollars & Sense, Market volatility is Normal. Be rational during emotional times.
12-19-21 Dollars & Sense, Christian joins Marc: Holding Ourselves Accountable
12-12-21 Dollars & Sense, Marion joins Marc: Focus on your time horizon, not the choppy waters
12-05-21 Dollars & Sense, Holiday Gift Budget & When is Your Investment a Taxable Event?
11-21-21 Dollars & Sense, Rules for Gifting Money… Gift Tax, Capital Gains, UGMA vs. UTMA
11-14-21 Dollars & Sense, Sharing Real-Life Financial Scenarios In a Language You Can Understand
10-31-21 Dollars & Sense, Marion Joins Marc to Discuss Getting to the Other Side of Crisis
10-24-21 Dollars & Sense, Christian Joins Marc to Discuss Finance Lessons Learned During COVID
10-17-21 Dollars & Sense, Don’t Go Paperless with Your Tax Stuff
10-03-21 Dollars & Sense, Topsfield Fair. Where’s Your Money-What’s it Worth? Stop Complaining!
09-26-21 Dollars & Sense, Good time of Year to Get Your Financial House in Order
09-19-21 Dollars & Sense, Financial Advice for Your Day-to-Day Activities
09-12-21 Dollars & Sense, Reflecting on 9/11, What is Buy Fast-Sell Slow
08-29-21 Dollars & Sense Best and Worst of These Financial Times. Do right by your community.
08-22-21 Dollars & Sense: What is Enough? Well, It depends.
8-15-21 Dollars & Sense: Guidance on ‘How to Hire a Financial Planner’
8-08-21 Dollars & Sense: Why you need a Financial Quarterback on your team
8-01-21 Dollars & Sense: Christian joins Marc asking How we use, plan and think about money
7-18-21 Dollars & Sense: Your Monthly Expenses Are Likely Higher Than You Think
7-11-21 Dollars & Sense: Rational Outlook Through the Lens of Freedman Financial
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