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Saving Money Is A Waste Of Time
I've met plenty of rich investors but I've never met a rich 'saver'.
If you're one of those people who think they should put their extra dollars away in their bank account so you can start saving for retirement you're in the wrong state of mind. I'll keep this short and sweet so here's an example...
High interest banks these days return about 5% per year on what you keep in an account there.
That's not bad, but considering inflation is right around 4% per year, what do you expect to accomplish by stashing away your cash. Unless you already have millions put away and spread over several accounts you are probably losing money after taxes and banking fees.
So what's the smart thing to do?
8 Reasons You Aren't Rich
Unsuccessful people tend to make very similar mistakes. Here are the 8 most likely reasons you aren't as wealthy as you would like to be, in no particular order. Reason #1 - You Care What Other People Think
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