100%. I think I’ve seen that guy interview with BB a couple times… another guest he’s had on is the uneducated economist, and I love that guy’s perspective.

“Saving” in the traditional sense is now backwards. There’s no interest rates that keep up with inflation, which is targeted at 6% per anuum. Best rate i’ve found is a CD with a minimum of $1,000 over a one year period with 5% interest.

Young people are going YOLO with various blockchain products, meme stocks, or outright casino and sports betting. Sometimes it pays off! Most of the time, you lose. House wins.

If you tell a young person, they should be “investing” instead of “saving,” they’ll be more receptive. Best to push them into sound investments like small denomination precious metals, micro-businesses, (like selling fake weed outside of festivals or on demand screenprint tee shirts) and various licenses. i.e. get your bartending license and do side gigs. There’s apps where you can get 1099 work instantly, like when a bar has the entire staff call in sick on friday morning, they’ll post on these apps crazy pay, like $35/hr + tipshare, tonight only.

100%. “Saving” in the traditional sense is now backwards. There’s no interest rates that keep up with inflation, which is targeted at 6% per anuum. Best rate i’ve found is a CD with a minimum of $1,000 over a one year period with 5% interest.

Young people are going YOLO with various blockchain products, meme stocks, or outright casino and sports betting. Sometimes it pays off! Most of the time, you lose. House wins.

If you tell a young person, they should be “investing” instead of “saving,” they’ll be more receptive. Best to push them into sound investments like small denomination precious metals, micro-businesses, (like selling fake weed outside of festivals or on demand screenprint tee shirts) and various licenses. i.e. get your bartending license and do side gigs. There’s apps where you can get 1099 work instantly, like when a bar has the entire staff call in sick on friday morning, they’ll post on these apps crazy pay, like $35/hr + tipshare, tonight only.