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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6-27-21 Dollars & Sense: Best way to manage investments… STICK TO YOUR PLAN
6-20-21 Dollars & Sense: Reality Check '1' Year After COVID Shutdown
6-06-21 Dollars & Sense: Freedman's Christian Karcher gets married after yearlong COVID delay
5-16-21 Dollars & Sense: Helping to make your financial life a little stressful
5-09-21 Dollars & Sense: Mother’s Day Edition, Marc's wife Laura joins the show
5-02-21 Dollars & Sense: Impact of 'Financial House' disruption when spouse passes
4-25-21 Dollars & Sense: Reentry Time. Housing market and Cost of Borrowing Money.
4-11-21 Dollars & Sense: One year performance likely spectacular, 3-yr performance statement a truer gauge
3-21-21 Dollars & Sense: Marc’s son Corey shares his story of tenacity on his road to Babson
3-14-21 Dollars & Sense: Stories from callers in recent weeks, sharing advice that matters
3-07-21 Dollars & Sense Making Sense of Tax Prep, Investment Purchases, Commission Surprise
2-28-21 Dollars & Sense: Now in retirement- would you maximize spending or leave an inheritance.
2-21-21 Dollars & Sense: Dad and Daughter Money Talk. The Marc and Mindy Show.
2-14-21 Dollars & Sense: Valentine’s Day edition. Marc’s Wife Laura Joins the broadcast #ValentineFun
2-07-21 Dollars & Sense: How much money comes in & goes out of your household? Do you know?
1-31-21 Dollars & Sense: Game Stop? Hedge Funds? Short Sell? Short Squeeze? Reddit? Huh!?
1-24-21 Dollars & Sense: Moving forward in 2021. Are You Getting Rational Financial Advice?
1-17-21 Dollars & Sense: Booking Vacations? Sure! Hopeful? You Bet! Remain ‘Market Calm’
12-20-20 Dollars & Sense: Last LIVE show of 2020, Social Security, Taxes, RMDs and more
12-13-20 Dollars & Sense: LIVE Vaccines commence, Marc answers ‘Why some are thriving and why some are still struggling’
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