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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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’
12-06-20 Dollars & Sense: Stock Quality and Market Gyrations, Special Guest from Giblees
11-15-20 Dollars & Sense: Year End Tax Planning and Financial Strategies
11-08-20 Dollars & Sense: Biden Called Winner-President Elect, Congress Check & Balance Intact
11-01-20 Dollars & Sense: Washington, Do Your Job! Agree on a stimulus. Listeners use your democratic voice.
10-25-20 Dollars & Sense: 3 Critical Elements, Election, Vaccine and Stimulus
10-18-20 Dollars & Sense: Marion Gilman and Christian Karcher of Freedman host
10-11-20 Dollars & Sense: Long Term Thinking in Financial Plans Matters
10-04-20 Dollars & Sense: Freedman Office to Welcome Back our Clients, Get a Handle on Your Financial House
9-27-20 Dollars & Sense: Hierarchy of Financial Needs
9-13-20 Dollars & Sense: Approach to Wobbly Market, Growth vs Value Funds, Asset Allocation
9-06-20 Dollars & Sense: Remaining optimistic, 2020 Presidential election, Marion joins Marc
8-30-20 Dollars & Sense: Rediscovered activities , Christian joins Marc, investing is a long-term strategy
8-23-20 Dollars & Sense: Why Portfolios not yet meeting S&P gains. Be Patient. Stay calm.
8-16-20 Dollars & Sense: Slow and Steady Reopening, Anatomy of the GDP, Time to Reimagine?
8-09-20 Dollars & Sense: Marion joins Marc this week, Team Freedman & market movement
8-02-20 Dollars & Sense: Financial Responsibility & Planning; CFP Designation Importance; Needs vs Wants
7-19-20 Dollars & Sense: Market Rationale; Investments and Your Financial Plan; Christian Karcher
7-12-20 Dollars & Sense: Reopening; Financial Tips in COVID-19 ERA; Christian Karcher joins Marc
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