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The Silicon Valley Bank Collapse + What It Means For You

Last week, we witnessed the 2nd and 3rd largest bank collapses in US history! In this episode we cover how a series of economic forces led to the demise of these two banks, how many people were affected without even knowing it, and the impact it could have on you moving forward. [DISCLAIMER!!! The 5% interest payment referenced in the example should be $50 per year, paid in $25 biannual increments] EPISODE RESOURCES Silicon Valley Bank expose' https://www.nytimes.com/2023/03/14/bu... Bonds 101 https://www.investopedia.com/terms/b/... FDIC Insurance Details https://www.fdic.gov/resources/deposi... And if you haven't already, join our email list to stay up to date on new episodes and upcoming events at newmoneynewproblems.com/podcast! Securities and Investment Advisory Services offered through Royal Alliance Associates, Inc., Member FINRA, SIPC. Royal Alliance Associates, Inc. is separately owned and other entities and/or marketing names, products or services referenced here are independent of Royal Alliance Associates, Inc.