Streamed live Oct 29, 2019
Question 1. Dain L: I have recently heard the advice that we should place our money in a local bank as opposed to a larger bank. My understanding is that smaller banks are connected to the larger banks. So where should we keep our money for paying bills and keeping a small cash savings?
Question 2. Paul S: Did Venezuelan banks ever rewrite the home mortgages because of hyperinflation?
Question 3. Gabe: What are your thoughts on moving one’s IRA funds to a money market account?
Question 4. Jan C: What do you think will happen to social security payments, federal and state pensions with a financial collapse?
Question 5. Dreg: If they are cutting rates when the markets are near all-time highs, when the market tops out and starts dropping, what ammo will they have to stave off the decline?
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