This piece is part of my 2016–2026 archive migration. Some original formatting, content, and external links may be missing, changed, or not be optimized.
Banks love savers; savers make banks rich
Did you know IF your money is parked in a bank account earning 0.01% interest, it would take you thousands of years to double it?
Seven thousand years
The math is catastrophically ludicrous and total shit.
Banks love savers because they can take your money and invest it and earn exponentially more on THEIR returns while you’re happy with your money staying safe in your FDIC insured savings account at basically ZERO PERCENT INTEREST.
Now let’s look at what happens if you shifted the interest rate slightly.
If you’re stuck on keeping your money in the bank, at least look for something above 0.4%.
If you go the 0.4% route and you’re still stuck at 180 years to double your money. We’re not living that long yet, though, plus who wants to wait that long?
Some banks appear more “generous” and offer 4–6 percent at times, with these rates, you can easily double your sum after a decade, which is more typical based on the average investor returns. But these rates are less common.
People Scared to Lose Money, Lose More
Ironically, a person who fears the market ends up losing more money than they imagine.
They’re money never grows.
Instead, it stagnates and burns (literally).
So what do you do if you’re scared or just too lazy to enter the investor landscape
You make the leap because if you don’t you most certainly won’t be wealthy, you don’t want financial freedom, and if you say you do, you’re lying to yourself.
You CANNOT build wealth by saving.
Period.
One of the best methods to build wealth is to keep your money invested and working for you around the clock instead of allowing it to sit around and do nothing.
“Idle hands are the devil’s work” applies to your money, too.
If you leave your money idle, your money literally burns in hell and disappears.
This content is for informational purposes only — not professional advice. Consult a qualified professional before making any major decisions.