Breaking Down The Commentary After Recent Bank Collapses

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