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Forbes Breaking News
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Comments by "" (@albacus2400BC) on "Forbes Breaking News" channel.
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We underestimate the fact that banks are corporate entities also governed by greed. Since 2020, the banks have been over-leveraging their assets, which was one of the reasons for SVB's implosion. I have never been okay with keeping much money in the bank. I simply invest through my financial advisor, collect my profits, which I then spend.
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I've been doing the same too, despite the supposed crash. Everybody is scared, while I'm riding on hundreds of thousands in profit. Learning to ignore the media is a learned skill.
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@@rolandray1294 Very true! I've been able to scale from $350K to $650K this red season because my Investment Advisor figured out Defensive strategies to protect my portfolio and profit from this roller coaster market.
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