The economic system trains you to work hard for money, then funnels your savings into products controlled by professional investors. Savings accounts earning near-zero percent can't keep up with 3% inflation. You need investments yielding at least 6-7% annually to actually build wealth.
Chapters
Here's what the world shaped you to do. Go work hard for money and put them on these, all these accounts where the real money guys that understand money control it. And then you become a victim in the process. Meaning that when the Stock goes from $10 to $100, you feel really good. But the problem is you're only 36 years old. And when you go to retire at 65 now the stock's only worth $2. Now you feel like. But it's not your fault. It's the stock market fault. So I got to go work at Walmart today. And you repeat the process. You, you realize that's the goal of the economy. That's what they've trained you to do. That's the objective, that's the agenda. My money in the savings account makes me point zero zero zero zero one percent. Okay? Inflation's whatever. Call it 3% for simple. So you're losing 2.999999% a year just on your money. Sitting in the wrong environment. If your money's not making you at least 6 or 7% on your money at least, you need to find another place to park the money because there's a lot of safe places, safer places to park your money.