Apr 25, 2023
Summary
The Fed is trying to control inflation, but they don't have complete control. People are investing in gold and other precious metals as a safe haven. Diversification is key to success, and the Fdic may not be able to protect everyone in the event of a banking crisis.
Johnson Wealth and Income Management discussed the importance of diversifying investments, the potential of a cashless society, and the role of AI in the next financial crisis. They also mentioned the importance of understanding the human element of investing and the need to make conservative, suitable decisions for one's money.
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