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344 | Risk Avoidance and Deworsification

ChooseFI

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How Safe Is My Bank?

Even if your bank, yes, is totally locked and the government is going to insure it up to some amout, you've got covered. But there's another hidden cost, a hidden opportunity cost. And it's actually, it's inflation. The c p i, the way they're measuring it, currently os around five point four % an it's been trending that way for the last three to four months. We can't really do anything withthat information. Wou know it's going to butlow bump in the road might have a year, or this couple of years of it, and than it should go back to normal.

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