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We are passionate about Planning & Wealth, and talk a lot about it – get to know us through our weekly “Random Gleanings”

SVB Saga: A Risk Management FAIL

March 16, 2023 3:20 pm

Discussion this week on the Random Gleanings centered on the news of the week – the Silicon Valley Bank collapse. We’d guess that books will come out on the myriad causes of this bank failure (the second largest bank to fail in American history) pointing fingers at the Federal Reserve, Venture Capitalists and the Tech Start-ups they fund, and Social Media (Twitter, specifically) as playing a role in this bank run… BUT, the one thing that is certain, and where Jesse Hansford & Chris Beard concentrated their attention in the early days of the forensics is that the Bank’s leadership did a TERRIBLE job of RISK MANAGEMENT of their institutions investments.

To be clear, the investments that they held were not the toxic investments of the 2008 banking debacle, rather this time around the underlying investments were in Treasuries and Mortgage Backed Securities, both considered High Quality investments. No, in this case, the risk came in the form of misaligning their investments to their “current” needs. It boils down to a cash-flow” issue. While the guys beat up on the ignorance of the Bank Management for their malfeasance, there is plenty to learn for your own risk management in taking a lesson from SVB.

DON'T FIGHT THE FED! – The Fed Faces Congress

March 9, 2023 11:33 am


March 3, 2023 5:10 pm

This week on Random Gleanings Jesse Hansford & Chris Beard bring in special guest, Jeff Wilson – Chair of C12 Business Forums in the Upstate – to discuss GOAL setting and achievement.

Goals are natural to the conversation of Financial Planning, but of course personal goals span from things to do with finances, to fitness, to relationships and beyond. Jeff offers some great thoughts on bringing us back to the basics of why goals are important and some useful steps in making them come to fruition.

If you set some goals for 2023 and feel like you are already behind, we hope you'll consider this Goal Setting episode as a reminder to refocus on accomplishing them for your own successes.

We hope you Enjoy, Share & Subscribe!


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#taxes #taxdeductions #fedreserve #federalreserve #finance #financialplanning #financial

January INFLATION: Hot 🔥 AND Cold ❄

February 16, 2023 2:44 pm

TUG of WAR: Bulls vs Bears

February 9, 2023 5:42 pm

#economy #financial #finance #fed #fedreserve #unemployment #financialfreedom

Green Shoots??? Positive Trends to look for right now

January 26, 2023 11:53 am