As we evaluate the investment opportunities around us, it’s easy to give in to the subliminal messaging that this is “too complex”, or something only professionals can understand and evaluate in an intelligent manner.
This is not the case. I know it’s easy to say, and sure, it does take a little bit of time out of your day to learn about this world and its particulars, but learning brings confidence.
As regulated entities, banks provide loans, maintain liquidity, participate in investments, help build infrastructure, provide a safe haven to store your money, and are involved in many other activities.
They provide investment vehicles like CDs and High Yield Savings Accounts so you don’t have to worry about what goes on day-to-day in the economy, but can still participate and take advantage.
However, it’s important to know about it anyway, so that you can make the best decisions that suits your needs.
