What is the “Fractional Reserve System?”
Basically, it means that banks have the power to loan out money at TEN TIMES the quantity that they’re holding in their vaults.
… That’s right, they are making a profit by lending out YOUR money.
And in exchange, they only give you a small interest rate of about 1%.
This means that the money you save is actually worth less over time, since it is not keeping up with inflation!
Knowing this, it becomes pretty obvious that saving money in the bank isn’t really in your best interest.
But, since they’re profiting off it, the banks won’t tell you that.
It’s a much better idea to use your dollars to invest in money-making assets, like real estate!
That’s because real estate will ALWAYS pay you more than the returns a bank will give you on a savings account.
If you want to beat inflation, grow your wealth, and keep your money where it belongs (in your own pocket), investing in cash-producing ASSETS is the secret!
Drop a 💵 in the comments if you agree 👇
👉@investormeldave
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