The collapse of Silicon Valley Bank has raised concerns about the banking sector and stress tests that often gauge banks’ abilities to weather financial emergencies.
WSJ’s Geoffrey Rogow joins host J.R. Whalen to discuss steps you can take to test the strength of your own finances.
0:00 What is a stress test for banks?
1:02 Why is now a good time for an investor to put their own money to the test?
1:40 Is it easy to put your money through a stress test if its at one institution?
3:58 How to test your own personal finances
5:42 How a 401k account factors into testing your finances
Your Money Briefing
WSJ’s personal-finance podcast features the news that affects your money and what you do with it, breaking down complicated money questions from spending and saving to investing and taxes.
For more episodes of WSJ’s Your Money Briefing: https://link.chtbl.com/WSJYourMoneyBriefing
#StressTest #PersonalFinance #WSJ