March, 2023 - Crash Proof Retirement
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Monthly Archives: March 30, 2023

fed raises interest rates

The Impact of the Federal Reserve’s Most Recent Rate Hike

The Federal Reserve’s string of interest rate hikes continued on March 22, 2023, when they raised their benchmark interest rate another 25 basis points to a target rate between 4.75% and 5%. This increase marks the ninth rate hike since March 2022. While these interes...

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Expert Report: Things You Didn’t Know About The Dodd-Frank Act

Because of the Dodd-Frank Act in 2010, banks that are struggling have authorization to use their depositors’ funds to maintain their own solvency. In this Expert Report Phil Cannella explains why your investments are not entirely secure if your funds are sitting in th...

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The Collapse of Silicon Valley Bank: Is This a Repeat of 2008?

In the largest bank failure since Washington Mutual in 2008, regulators forced Silicon Valley Bank (SVB)  to close on Monday, March 10, 2023. This collapse sent waves throughout the financial industry and left investors wondering if this could be the start of a more w...

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Expert Report: Depression Proof Investments

When The Great Depression struck there were investments from only one industry that didn't lose a penny, and were still liquid for the investor despite the economic chaos. In his weekly expert report, heard on Tuesdays during The Nick Kayal Show and Thursdays during T...

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Expert Report: How High Is Your Financial IQ?

Did you know that a recent study found that 63% of the U.S population failed a basic financial literacy test, according to The American Institution of CPA’s Financial Literacy Commission (AICPA). In this Expert Report Phil Cannella explains how a lack of financial lit...

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