[deleted] t1_jdfrqqk wrote
Reply to comment by SuccessfulManifests in LPT What are unique ways to grow and expand my money without investing in stock or cryptocurrency? by SuccessfulManifests
Pretty much telling you get a job and put your money in a savings account provided by a bank or credit union. It’s a “safe” bet.
At the end of the day, what you’re asking is not possible.
Every possible route to building wealth requires a level of risk. This person is telling you the safest way to make money is earn a living a put those earnings in a savings account (bank or credit union)
It’s safe because the risk is trusting a bank will A.) have your money when you ask for it B.) Add 3% of what you save to your account every month And C.) the federal reserve will bail them out if they don’t have your money, and compensate your money, as long as you didn’t save more that $250,000
Viewing a single comment thread. View all comments