2min chapter

Think Like A CEO with Gary Keller & Jay Papasan cover image

Episode 3: The Path of Money

Think Like A CEO with Gary Keller & Jay Papasan

CHAPTER

How to Invest in a Money Market

When you give the bank money like in a money market, you're actually lending it to them. And they're going to pay you a very low rate. Why? Well, they think that they can then vary because it's a bank. So if we are passively lending, what does that look like? Money markets, CDs, bonds, T-bills. You're lending them money and they’re going to go do something with that money. Thus, they'regoing to pay you the least amount they can pay you so for them to be able to make the most out of what they're fixing to do.

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