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Breaking Down The Commentary After Recent Bank Collapses
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After a string of recent bank collapses, should we feel comfortable with having money in the banks? What safeguards have been put in place by the government to offer some protection? A lot of talking heads have weighed in on this issue recently, so we’re going to discuss some of those quotes in today’s episode. We’ll take a closer look at what happened and what strategies you might want to consider as well.
Here’s what we discuss today:
- What’s going on with the banks? (2:02)
- “This is a crisis of some banks, not a banking crisis.” (4:34)
- “If you embrace inaction in this turbulent moment, you may have it right.” (8:06)
- “Investors should avoid buying the dip.” (10:03)
- Should I spread my money out across multiple banks? (11:53)
For more, visit us online: http://thefinancialanswer.com
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