Listen to Paul cover the Silicon Valley Bank crash the day after the Federal Deposit Insurance Corp. seized the bank’s assets. Paul talks about both the failure of the bank’s investment practices and the failure of regulators to allow a bank, which went public and had almost $200 billion in deposits two years ago, to experience this kind of meltdown. Paul explains how this is a valuable lesson in diversification for all investors and why investing too heavily in bonds can backfire.
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