1. How To Reconnect With HNW People You Meet Socially
It can be easy to meet HNW individuals if you are in the right place at the right time, but how to you fan the spark of an initial encounter into the flame of an ongoing social relationship? It isn’t very difficult, if you do not push to hard. — Bryce Sanders
2. Winning the “Why Do I Need a Financial Advisor” Argument
Long before it became a field of academic study, legendary investor Benjamin Graham knew a thing or two about behavioral finance. Graham went on to say, “In the end, how your investments behave is much less important than how you behave.” — Don Connelly
3. What To Consider When Shopping for an Advisor
This space is usually dedicated to information relevant to registered investment advisors (RIAs) and how they improve existing and initiate new client relationships. However, it bears noting that an informed prospective client makes for a “good” client. — Todd Shriber
4. How to Protect Your Cash Assets in the Midst of Bank Failures
Derivative lending and fractionalized banking systems are doomed to failure. This banking system only works if the customers of the bank have confidence in the bank. If confidence evaporates, the depositors “run on the bank” and try to get their money out as fast as possible. — Seth Hicks
5. Should Apple Buy Goldman Sachs?
If you haven’t noticed recently, Apple has been making moves into money. They started with a partnership with Goldman Sachs to launch a credit card. More recently, they’ve launched Apple Pay Later, their BNPL (Buy Now Pay Later) service, and then a savings account offering 4.15 percent interest, 10x the national average in the USA. — Chris Skinner
6. Taking Risk No Longer Necessary. But That Is a Problem.
Not long ago, “cash is trash” was a common theme as savings accounts yielded zero. Of course, such was the intent of the Federal Reserve following the “financial crisis” in the hope that inflating asset prices would trickle down into economic growth. — Lance Roberts
7. Are You Ready for the Next Crisis?
The last few years have provided one reminder after another that volatility can return suddenly and dramatically to the markets. The banking crisis is just the latest of many that have included a worldwide pandemic, Russia’s invasion of Ukraine, and the return of near double-digit inflation. — Salvatore Bruno
8. U.S. Bank Failures Are Fueling Crypto Adoption
Cryptocurrency adoption in the U.S. increased amid fears of a full-blown banking crisis, a new poll finds. According to Morning Consult, 22% of Americans, over one in five, said they owned at least one form of crypto in April, representing a four-percentage-point increase from January. — Frank Holmes
9. Bank Stocks: Do the Rewards Warrant the Risk?
The recent failures of Silicon Valley Bank, Signature Bank, and First Republic and the poor performance of other regional banks serve as a reminder of the underappreciated risks of investing in bank stocks. It’s not just the inherent banking risks that should make investors selective in buying bank stocks. — Michael Lebowitz
10. How I Learned To Stop Worrying and Love AI
The artificial intelligence (AI) chatbot gained 100 million users in just two months. That makes it the fastest-growing app, product, or business in history. It’s also sparked an investment frenzy. The value of “generative” AI firms has jumped sixfold in two years. And the amount of money pouring into AI startups has surged tenfold since 2020. — Stephen McBride
11. What It Means to Have a Bigger, Bolder Retirement
You deserve the retirement you’ve worked hard for, sacrificing your time and money. With small changes over time, it may be possible to significantly improve your retirement experience and achieve a bigger, bolder retirement! — Jim Kruzan