Holding $300,000 in cash costs you about $90 a day to inflation and taxes, even with 4% interest. Banks and funds profit from your patience while your money sits idle. Every dollar needs a job, or someone else's system will put it to work for them.
If you've got $300,000 sitting in cash, you're losing $90 a day. Not eventually, today. Every single day. You've been told that that might be smart. Save more, stay liquid, wait until you're ready. That's what responsible looks like, but that's what you've been trained to also call safe in your life. Nobody shows you what the price tag of safe is. Your savings account is paying 4% taxable, but the real return after tax, well, it's closer to making That gap right there isn't neutral. It's a daily transfer from your future into someone else's future. The bank, well, it profits from your patience. The super fund charges fees whether they perform or not. Inaction, it's not waiting. It's a decision with a cost they just never told you about. What you need to understand in wealth building is that every single dollar has to have a job. You either give it one yourself in your system or the external system is going to give it one for you, which is going to benefit somebody else. And the biggest cost, it's not your mortgage, it's not what most people think, it's your money sitting in the bank or sitting in your equity doing absolutely nothing.
