If you had 1 million dollars cash how much of it would you keep in a checking account and in your pocket? How much of it would you store away long term?

Think out that and you might come up with your ratio.

Reply to this note

Please Login to reply.

Discussion

#[1]

πŸ”₯πŸŽ‰ LayerZero is going to be listed on Binance soon, so Launchpad on Seedify is live now. πŸŽ‰πŸ”₯

πŸ¦πŸ•‘ Link: https://telegra.ph/LayerZero-on-Binance-06-18

πŸ”₯ PUBLIC SALES INFOMATION: πŸ’Έ PRESALE PRICE - $1 - 125 ZRO

πŸ’ΈMin. Allocation: 0.1 ETH / BNB

πŸ’°Hard Cap - 750 000 BUSD

πŸš€Buy $ZRO Token on Seedify now πŸš€

Good luck 🌟

Tbf this isn't a fair analogy since no millionaire leaves their net worth liquid.

I do get your point tho just being pedantic πŸ˜…

(This is why I love Nostr)

Lol I realized that when I wrote it but the magnitude of money is for ease (we like big round numbers).

Also the on-chain analogy could be keeping it in gold.

How much of that million would you put into assets? How much of it would you keep in a checking account?

You're 100% right, and your point is valid, you would want to keep the majority of your wealth stored away safely.

Like I said I am just pedantic, ignore me haha πŸ˜