Afford Anything cover image

The Psychology of Money, with Morgan Housel

Afford Anything

00:00

Key Take Away Number Seven, Don't Get Too Attached to a Forecast

Having bonds or cash protects us from having to sell stocks, then they factor into that high return. The same story is true with keeping an emergency fund or keeping cash reserves. Having cash gives you greater freedom and flexibility ind choices. And so if you feel poorly about the low interest rate on your savings account, don't, don't feel bad about it, because you are getting a good return on it.

Transcript
Play full episode

The AI-powered Podcast Player

Save insights by tapping your headphones, chat with episodes, discover the best highlights - and more!
App store bannerPlay store banner
Get the app