3min chapter

Money For the Rest of Us cover image

Are More Bank Runs Coming? The Collapse of Silicon Valley Bank

Money For the Rest of Us

CHAPTER

Investing in Fine Art During a Recession

The Federal Reserve and the FDIC announced that after consulting with President Biden, Secretary Yellen, that the government would fully protect all depositors. Last year, the average 60-40 portfolio lost around 15%, according to the Wall Street Journal. By holding a variety of asset types with different return drivers, we can survive the financial turmoil that comes with a recession,. in a word, diversification.

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