Artwork

Content provided by Alan Mercurio & Troy Bolton, Alan Mercurio, and Troy Bolton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alan Mercurio & Troy Bolton, Alan Mercurio, and Troy Bolton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.
Player FM - Podcast App
Go offline with the Player FM app!

Ep 42: What You Need to Know About Bank Failures

13:27
 
Share
 

Manage episode 358756201 series 2895815
Content provided by Alan Mercurio & Troy Bolton, Alan Mercurio, and Troy Bolton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alan Mercurio & Troy Bolton, Alan Mercurio, and Troy Bolton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

What happens when a bank fails? If you’ve been watching the news lately, you may have noticed a lot happening around the Silicon Valley Bank and then Signature Bank. These are specific banks that cater to a specific client. How might these recent collapses impact your money or financial plan? Troy and Alan talk about the common situations that lead people to have large sums of cash in the bank and how to protect your money.

Instead of reacting out of fear from the recent headlines, listen to Alan and Troy explain what you need to know about the money you put in the bank and how to approach your strategy around safe money.

What we discuss in this episode:

  • Is this something I need to be worried about? (0:50)
  • How does a person get to having so much cash in the bank? (3:20)
  • When is it appropriate to have large sums of cash? (6:03)
  • How safe is your money in life insurance or an annuity? (8:32)

Get additional financial resources here: https://mercurioadvisors.com/podcasts/

  continue reading

63 episodes

Artwork
iconShare
 
Manage episode 358756201 series 2895815
Content provided by Alan Mercurio & Troy Bolton, Alan Mercurio, and Troy Bolton. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Alan Mercurio & Troy Bolton, Alan Mercurio, and Troy Bolton or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://player.fm/legal.

What happens when a bank fails? If you’ve been watching the news lately, you may have noticed a lot happening around the Silicon Valley Bank and then Signature Bank. These are specific banks that cater to a specific client. How might these recent collapses impact your money or financial plan? Troy and Alan talk about the common situations that lead people to have large sums of cash in the bank and how to protect your money.

Instead of reacting out of fear from the recent headlines, listen to Alan and Troy explain what you need to know about the money you put in the bank and how to approach your strategy around safe money.

What we discuss in this episode:

  • Is this something I need to be worried about? (0:50)
  • How does a person get to having so much cash in the bank? (3:20)
  • When is it appropriate to have large sums of cash? (6:03)
  • How safe is your money in life insurance or an annuity? (8:32)

Get additional financial resources here: https://mercurioadvisors.com/podcasts/

  continue reading

63 episodes

All episodes

×
 
Loading …

Welcome to Player FM!

Player FM is scanning the web for high-quality podcasts for you to enjoy right now. It's the best podcast app and works on Android, iPhone, and the web. Signup to sync subscriptions across devices.

 

Quick Reference Guide