Vacations, Bank Runs, & What Comes Next - Finding Financial Freedom In Uncertainty
In my industry, if the economy is going to have challenges, you can bet it's while you're on vacation. Let's chat about what these bank runs means for you and what to expect moving forward.
Financial freedom is a process, not a destination!
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Timestamps:
4:48 – Intro
6:20 – Bank runs and why Silicon Valley Bank couldn't pay depositors
7:50 – Interest rates and inflation as a factor
10:23 – How money markets and investment houses are competing with banks
13:25 – Why Silicon Valley Bank had to raise liquidity
15:40 – What’s next? Will the Federal Reserve continue to raise rates?
18:32 – How to prepare for more bad news
21:02 – Why you want to hold your investments
25:01 – Next Friday’s livestream: All about emergency funds
#financialfreedom #financialplanning #bankrun
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