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Mind Your Money Podcast is an extension of the great education and conversation the Bradshaw Rogers Financial Partners team has always believed in. This show will extend the kinds of financial and retirement planning topics we've covered over the years in our video series and blogs with the added ability to highlight and elevate some of the top business owners and leaders in and around Salisbury, NC.

Your hosts are Trent Bradshaw and Brandon Rogers of Bradshaw Rogers Financial Partners. If you would like to be a guest or ask Trent and Brandon a question, please reach out. Email office@bradshawfp.com or call 704-216-2260.

Discussions in this show are for educational purposes only. Information presented should not be considered specific investment advice or a recommendation to take any particular course of action. Always consult with a financial professional regarding your personal situation before making financial decisions. The views and opinions expressed are based on current economic and market conditions and are subject to change. All investing involves risk, including the potential for loss of principal. Securities and Advisory Services offered through United Planners Financial Services, Member FINRA, SIPC. Bradshaw Rogers Financial Partners and United Planners are not affiliated. United Planners and its representatives do not offer tax or legal advice.

Jun 1, 2023

Join us as we dive into the commentary surrounding the series of 2023 bank collapses that have shaken the financial world. Notable institutions such as Silicon Valley Bank, Credit Suisse, and First Republic Bank have experienced unprecedented turmoil this year. In the midst of these events, how should the average American respond with their hard-earned money? Should one withdraw all their cash from the bank? Is there cause for worry? 

 

We'll address these questions and more in this episode. Stay tuned as we navigate the concerns surrounding the banks and the broader economic landscape and aim to provide clarity and insight into the current state of affairs in the global economy.

 

Here’s some of what we'll discuss in this episode:

 

  • “Not all banks are having problems. It all depends on risk.” Brian and Trent reflect on the Silicon Valley Bank collapse.  (2:21)
  • Major banks look like they’re in pretty good shape. (3:24)
  • The importance of having faith in the banking system. (6:12)
  • Outflows from banks into fixed-income and money market mutual funds. (7:30)

 

Contact:

Website: http://bradshawfp.com 

Email: office@bradshawfp.com

Call: 704-216-2260