On this episode of “On the Money,” Paul Ruedi, David Ruedi, and Dr. Fred Giertz discuss the failure of Silicon Valley Bank and its impact on everyday investors.
(1:44) Silicon Valley Bank
(12:17) Client question about banking turmoil: How does this effect me?
(25:18) What happens to your assets if your financial institution goes under?
(39:11) There’s always something to worry about
(42:06) Split funds between banks to stay below FDIC insurance limits
(47:45) Rising mortgage rates and impact on housing affordability
(49:13) Dimensional Fund Advisors named #1 mutual fund company by Barron’s
(51:15) Caller question: My bond funds have taken a hit; should I sell them or hold on?