Rick Rule and Greg Mannarino Friday 12-16-2022
Why The FTX Meltdown Matters To You | Rick Rule
Liberty and Finance: 12-16-2022
In the wake of the FTX cryptocurrency exchange meltdown, legendary investor Rick Rule joins us with words of warning.
He explains that investors are their own first line of defense. "Do not trust the regulators to protect you," he says. It is imperative to scrutinize institutions before handing over funds to them.
"Be careful about investments that you don't have a rudimentary understanding of." There are more shocks coming for the financial system, but if investors educate themselves, they can not only survive, but prosper, he says.
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Greg Mannarino: 12-15-2022