Invest Your Cash Like a PRO | Morris Invest

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If you’re parking your money in a traditional savings account, this is a horrible strategy. Let me explain. According to Bankrate’s recent survey, the national average yield for savings accounts is .61 percent APY. Many banks are offering rates as low as 0.1%... which is basically ZERO!

In fact, storing money in a traditional savings account actually costs you money. Here’s why: the annual inflation rate in the US was 3.4% in 2023. This means your dollars are losing their value every day. That interest rate isn’t keeping up with inflation at all.

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[SilverDadKnows]

Experts are investing in gold, silver, and bitcoin like never before because they see these assets as safe havens amidst economic uncertainty and a collapsing dollar. These investments are key to preserving and growing wealth in volatile times.

[Jimsac]

Before the Ronald Reagan administration housing was a commodity. During the Ronald Reagan administration housing when from being a commodity to an investment. (1980's)

[Denise-vnwz]

Lose that distracting cacophony please so i can concentrate on what you're saying. Looking for the transcript now.

[CurareDartman]

I worked very hard for 35 years, running my own businesses for 20 of those years. Now I'm living off the interest of my savings. I get a net yield before tax of about 5% in Australia for the next 5 years. That's pretty good for no hassle and very low risk. I live and travel SE Asia on a fraction of what I earn. When I want some action I look for opportunities and invest with 100% cash. I don't buy stocks because I don't understand them. I buy rundown businesses or cheap assets in distressed sales. Maybe property if I see a bargain. I tried the landlord game, but I don't like it, there's a lot of risk if you get the wrong tenants.