Yes,keep it in the bank.
The majority of us are worried about not making money on the money we have in a bank or investment.
Why would you trust your money in a mutual fund or stock to someone else?
And like I keep saying you can't even trust your cash in government backed investments anymore.
But you're now saying if I keep my cash in a basic bank account I'll lose money. No,I don't see it that way.
Why do you need to make a profit or interest on the money you have in the bank.?
Think about where you really save or make money.
It's on the goods you buy daily. You'll get more back from buying daily goods in bulk at a reduced price than you could ever make from a stock.
I buy oatmeal in bulk. I save approximately 5 dollars a week from buying it in bulk from Wallie's. That's what I call Walmart.
If you have a family buy food in bulk. Why not?
I see too many people going to Metro,Whole Foods or specialized stores where you pay many times more for groceries.
And having that cash you sock away in different accounts for food and bills separate from the cash you're actually trying to save will help you save more money.
Pay your bills too. Stocks,Bonds,CD's or Mutual Funds--forget that shit!!
Keep everything in cash. You'll always be one step ahead of everyone--even that guy who makes half a million a year and spends cash like crazy and can't keep up to his bills,and sees his stock portfolio falling fast,and taxed like crazy.
Does that seem like a good life even though you make more than most people?
Hell no.
Keep your cash safe in the bank and be smart with your money.
The majority of us are worried about not making money on the money we have in a bank or investment.
Why would you trust your money in a mutual fund or stock to someone else?
And like I keep saying you can't even trust your cash in government backed investments anymore.
But you're now saying if I keep my cash in a basic bank account I'll lose money. No,I don't see it that way.
Why do you need to make a profit or interest on the money you have in the bank.?
Think about where you really save or make money.
It's on the goods you buy daily. You'll get more back from buying daily goods in bulk at a reduced price than you could ever make from a stock.
I buy oatmeal in bulk. I save approximately 5 dollars a week from buying it in bulk from Wallie's. That's what I call Walmart.
If you have a family buy food in bulk. Why not?
I see too many people going to Metro,Whole Foods or specialized stores where you pay many times more for groceries.
And having that cash you sock away in different accounts for food and bills separate from the cash you're actually trying to save will help you save more money.
Pay your bills too. Stocks,Bonds,CD's or Mutual Funds--forget that shit!!
Keep everything in cash. You'll always be one step ahead of everyone--even that guy who makes half a million a year and spends cash like crazy and can't keep up to his bills,and sees his stock portfolio falling fast,and taxed like crazy.
Does that seem like a good life even though you make more than most people?
Hell no.
Keep your cash safe in the bank and be smart with your money.
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