It’s hard, and often counterproductive to comment about breaking news while it’s still moving through the proverbial grinder, which is why we usually don’t do so. However, it’s worth commenting on the recent banking turmoil, and how this applies to your investments to aide in rational decision-making.
The stock market continues to climb at a steady rate, and an increase in personal wealth may bring greater financial flexibility. However, increased personal wealth can also lead to much larger liabilities. Individuals with high net worth or those who are perceived to have high net worth are more likely to be sued.
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