Why So Many Financial Experts Are Wrong About Money

Minority Mindset
•June 9th, 2020
DESCRIPTION
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Cash is trash vs cash is king - we've heard the argument before. But which is true? Well, the reality is somewhere in the middle. If you want to use your money the right way, you need savings and you need investments.
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Things You NEED To Understand About The New Economy: https://www.youtube.com/watch?v=Ziya5w6BELg&list=PLKsS_EjCEmdpTPQF64uDehmbsuHkB5P-i
Investing Your Money: https://www.youtube.com/watch?v=U7tJn4qv8Lk&list=PLKsS_EjCEmdojUw_JdJgLKkyPiGJphcmK
Why So Many Financial Experts Are Wrong About How To Use Your Money
0:25 - Our cash loses value every single day so it’s easy to believe that cash is trash
1:10 - It was considered bad business to save cash
2:38 - When you need to have savings and when cash is king but how to save your cash the right way
3:15 - When cash becomes trash and why you need to invest your money
4:30 - Why your savings lose value
5:35 - Warren Buffett is sitting on over $100 billion in cash
7:07 - Why no investor wants to hold onto a bunch of cash forever
8:30 - Understanding a business’s finances
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This Video: https://youtu.be/dhIkZkdI0TA
Channel: https://www.youtube.com/MinorityMindset
Video host: Jaspreet Singh
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DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

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