.interest rates are lower than inflation.
I say this a lot. It always gets a big reaction because it’s a scary thought.
I do not save money as a wealth building strategy. I may keep it in the bank while I find an investment but I’m not saving it with the intent to retire off it one day. I’m keeping it while I find the best asset to buy.
Wealth building is simple: Buy assets.
All I do is take my money, my profits, and buy more assets with that money.
It’s simple, but not easy.