The Lifestyle Investor - Investing, Passive Income, Wealth cover image

140: Building Wealth Without Wall Street with Russ Morgan

The Lifestyle Investor - Investing, Passive Income, Wealth

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The Unrealized Loss Situation in Silicon Valley

There's going to be some carnage in this space, which is just crazy to think about. The average reserves on the positive banks for the US is about 1 trillion. We're at like 3.5 trillion right now. Most people get there and realize that taking out 3% or 3.5% of their balance makes up about a third of what they actually need to live on.

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