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Hurricane Sandy’s destruction over the last week is finally come to an end. Hundreds of homes destroyed, millions left without electricity, countless business unable to open, mass transit paralyzed, and the New York Stock Exchange (NYSE) shut down for two days. The estimated cost of Hurricane Sandy is at $50 billion. Now as millions of Americans recover from this super storm, is there anything perhaps that we could learn from this to better prepare ourselves for another possible disaster? Ed Butowsky, wealth manager, financial advisor, and managing partner of Chapwood Investment Management, joins Fox News to discuss what if anything could people have done to better prepare themselves for such a disaster.
Ed Butowsky is the managing partner of Chapwood Investment Management and is an internationally recognized expert in the investment wealth management industry. Ed is also a frequent guest on other networks such as CNN, NBC, ABC, Fox News, Fox Business, and Bloomberg to name a few.
Tags: economy, financial advisor, hurricane sandy, new york stock exchange, nyse, superstorm, wealth manager, weather