Fine you dont trust banks. Big hoopla. I'm just saying it as a counter point of it being concidered hoarding.
At least it's in a system where it decreases in value less than just keeping it in a vault.
Best case to keep money in is in real estate and land. But if you want money but not have it in a place that can devalue and thus lose the investment banks is how you go.
Is it normal to want a flat rate tax?
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It's not nothing.
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donteatstuffoffthesidewalk
1 year ago
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it is nothin compared to a proper investment
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LloydAsher
1 year ago
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That's why it's called savings rather than investments.
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donteatstuffoffthesidewalk
1 year ago
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they should call it losings
100k sittin in a bank for the last decade would be lucky to be 101k now and worth at least 30% less than it was at the start
more like 75% less if you spent it on steak & lumber
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LloydAsher
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Fine you dont trust banks. Big hoopla. I'm just saying it as a counter point of it being concidered hoarding.
At least it's in a system where it decreases in value less than just keeping it in a vault.
Best case to keep money in is in real estate and land. But if you want money but not have it in a place that can devalue and thus lose the investment banks is how you go.
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donteatstuffoffthesidewalk
1 year ago
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KholatKhult
1 year ago
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its not about trust
i got several bank accounts
but if youre gonna park big sums in a savins account youre gonna lose money
too late to buy real estate its a bubble
AHHHHH IM GOING TO RIP MY TEETH OUT