In today’s episode, CERTIFIED FINANCIAL PLANNER™️ Chad Frantzen unravels the alarming events that have raised concerns amongst our listeners. In Episode 11, titled "What's Wrong with the Banks?", we look into the recent turbulence in the industry, including Jamie Dimon's remarks on the present banking crisis, the closure of Silicon Valley Bank (SVB), the subsequent closure of Signature Bank, and the acquisition of Credit Suisse Bank by UBS.
Our discussion provides valuable insights into the mismanagement of these financial institutions, highlights the significance of comprehending FDIC and SIPC regulations and limits, and presents practical solutions to our audience on safeguarding their hard-earned money. We also underscore the importance of understanding how banks function and the inherent risks involved in investing in them. Lastly, we strongly encourage our listeners to exercise vigilance and take proactive steps to secure their finances, emphasizing the value of being a savvy Kingdom-Minded Investor.
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Disclaimer:
This material is provided by Authentic Counsel, LLC (“Wealthbuilders”). The opinions voiced in this material are for general information only and are not intended to provide specific advice or recommendations for any individual client. The information contained herein has been derived from sources believed to be accurate. Please note: Biblically Responsible Investing (“BRI”) involves, among other things, screening the investment universe for companies that fit within the goal of investing in companies aligned with our clients’ biblical values. Such screens may serve to reduce the pool of high performing companies considered for investment. Investing involves risk. BRI investing does not guarantee a favorable investment outcome. Wealthbuilders has conducted due diligence for its Biblically Responsible Investing process and proudly serves as each client’s advocate using our proprietary BRI screening. Past performance is no guarantee of future results. Investments will fluctuate and when redeemed may be worth more or less than when originally invested. This information should not be construed as investment, tax, or legal advice and may not be relied on for the purpose of avoiding any Fed...
