Get an extra $20 to invest for a limited time when you open and fund your first taxable Wealthfront Investment Account with my link: – Enjoy! Let’s discuss Credit Suisse, their controversy, and what this means for the market – Add me on Instagram: GPStephan
GET MY WEEKLY EMAIL MARKET RECAP NEWSLETTER:
GET YOUR FREE STOCK WORTH UP TO $1000 ON PUBLIC – USE CODE GRAHAM (Click link for more details):
They’re one of the world’s most prominent global banks, with more than $1.5 TRILLION DOLLARS under management, more than 50,000 employees, offices throughout the entire world, and a designation as one of the “systemically important financial institutions of 2023.” More simply put: They have a MAJOR impact on a variety of money-related transactions….and – because of that, they have been ranked as one of the necessary operations that keeps our economy moving, as basically being “too big to fail.”
However, the Silicon Valley Bank failure resulted in heavy scrutinization throughout the banking industry, with Credit Suisse thrown back in the spotlight.
In fact, Credit Suisse recently said that the bank was seeing “significantly higher withdrawals of cash deposits, non-renewal of maturing time deposits and net asset outflows at levels that substantially exceeded the rates incurred in the third quarter of 2022.”
In addition to that, their largest investors – the Saudi National Bank – said that they would NOT give them anymore capital or increase their position in the bank. That’s why we should talk about what this means, if it’s possible for them to fail, and how you can potentially protect yourself moving forward. Thanks for watching!
The YouTube Creator Academy:
Learn EXACTLY how to get your first 1000 subscribers on YouTube, rank videos on the front page of searches, grow your following, and turn that into another income source: – $100 OFF WITH CODE 100OFF
My ENTIRE Camera and Recording Equipment:
For business inquiries, you can reach me at [email protected]
The $20 Promotion (“Promotion”) is solely available to the select individuals who clicked on the advertisement offering the promotion and subsequently open and fund their first taxable Investment Account at Wealthfront. Clients who open a tax-advantaged or 529 Investment Account will not be eligible for this promotion unless they also open a taxable investment account. In order to be eligible for the Promotion, you must pass Wealthfront’s identity verification process, deposit at least $500 in your first Wealthfront taxable Investment Account, and maintain the funds in that account for at least 7 days. After meeting the terms of the Promotion, Wealthfront Brokerage, LLC will deposit $20 into your first taxable Investment Account at Wealthfront within 30 days. Wealthfront reserves the right to change the terms set forth herein or terminate the Promotion at any time without notice. Visit landing page for more information.
*Some of the links and other products that appear on this video are from companies which Graham Stephan will earn an affiliate commission or referral bonus. Graham Stephan is part of an affiliate network and receives compensation for sending traffic to partner sites. The content in this video is accurate as of the posting date. Some of the offers mentioned may no longer be available. This is not investment advice. Public Offer valid for U.S. residents 18+ and subject to account approval. There may be other fees associated with trading. See Public.com/disclosures/
Graham Stephan receives cash compensation from Wealthfront Advisers LLC (“Wealthfront Advisers”) for sponsored advertising materials, which creates an incentive that results in a material conflict of interest. Graham Stephan is a client and this is a paid testimonial. Graham Stephan and Wealthfront Advisers are not associated with one another and have no formal relationship outside of this arrangement and Wealthfront Advisers only sponsors content that relates directly to Wealthfront. Nothing in this communication should be construed as a solicitation, offer, or recommendation, to buy or sell any security. Any links provided by Graham Stephan are not intended to imply that Wealthfront Advisers or its affiliates endorses, sponsors, promotes and/or is affiliated with the owners of or participants in those sites, or endorses any information contained on those sites, unless expressly stated otherwise. Investment management and advisory services are provided by Wealthfront, an SEC registered investment adviser. All investing involves risk, including the possible loss of money you invest, and past performance does not guarantee future performance.