My mother is trying to convince me to put a large sum of money into CD ladders so I can ‘make’ a 5% yield off my fiat. They think I’m crazy for not wanting to collect yield and basically live for free like a rent collecting scum. But I’d rather not be exposed to the counterparty risk of banks and funding government debt.
Am I crazy? I am continuously called crazy as I’ve grown my wealth 10 fold over the past 3 years from simply working hard and stacking sats
I was once offered a saving program by my bank manager. He was like you don’t have a saving account. I asked him what’s the rate, almost fell of my chair when he told me it’s 0.03 interest rate.
Know your value.
Instead of “saving” it should be called “losing” 😂😬
I love the discipline
Stack Sats & stay humble. Ignore the noise, it is ignorance, envy or fear. Either a contrarian or a victim.
NGL. Sounds like a normie advisor that discovered HEX has been in her ear. 🫣
It’s a total normie financial advisor who told her about this “tip”
Send her one of those, explaning bitcoin to dad, comics but replace it with mom.
Like are the people's minds infected with amnesia? Do they not remember less than a year ago NOBODY did this because rates were near ZERO?
LIKE they just forget playing that game is playing in THEIR arena and that they wont just flip the rules on them again on a whim. . I ... i just cant with these people
Blows my mind dude… clown world financial advisors preying on retirement age folks
