>storing money in a savings or checking account
Storing money in a savings or checking account
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>having money
>money
>not having an emergency fund in a money market account
>He doesn't own property where his money is stored in equity
Never going to make it.
my savings account earns 2.2% annually, which is better than crypto and fuck your overvalued boomer stocks
You know you can do both, right? When you have an emergency expense it takes a while to liquidate property to pay for it.
Property is historically the worst investment you can make brainlet. 100% S&P500 and renting will destroy your garbage """"property""""".
>not discovering how to become immortal and creating artefacts then storing them in vaults deep underground for to dig up one thousand years later
my KMD wallet gives 5% yearly.
also where the fuck do you get 2% yearly.
rates around here are 1% max
>paying someone else's mortgage and taxes while being stuck with the cheapest appliances and fixtures the landlord can get away with
yeah, sounds great, I sure love using cheap white appliances in my kitchen and pink wallpaper that I can't change.
>also where the fuck do you get 2% yearly.
>rates around here are 1% max
You have to go back
>my brother got the rich relatives as godparents
>they opened a savings account when he was born and kept putting money into it every year
>he got around ten thousand euros out of it when he turned 18
>he would've gotten ten times that if they had threwn the money it to basic bitch stocks or index funds
fucking boomers
T-bills are 2.5%
What did u get?
>Property is historically the worst investment you can make brainlet. 100% S&P500 and renting will destroy your garbage """"property""""".
source?
S&P 500 gains vs property values since stock market was created
>S&P 500 gains vs property values since stock market was created
minus the cost of rent and plus your total equity?
>S&P 500 gains vs property values since stock market was created
>what is rent
>bought 1 ETH for baby nephew at $80
...around april-may 2017
feels bad man, i could have swingtraded his stack to 32 ETH
>not keeping money under your mattress
pleb
that doesn't address my question
>buying a volatile and soon to be obsolete commodity for a baby
:|
okay
How do you store money without losing it to interest.
have fun trying to sell a property when you need the money most
you posted a chart that tracks equities while claiming that investing in real property is better than equities...
I have most of my money in a savings account yielding 2.8%. I intend to buy boomer stocks after the market corrects itself. I'm no stock expert but looking at that chart, you'd have to be pretty ballsy to buy in now.
Also I live in Australia. Real estate is out of the question for another 2-3 years at least. Our property market is going to punish the smug boomers in the next few years.