General statistics
List of Youtube channels
Youtube commenter search
Distinguished comments
About
Philip Murray
Eurodollar University
comments
Comments by "Philip Murray" (@PhilipMurray251) on "BREAKING: New Economic Data Shocks the World" video.
Things are strange right now. The US dollar is becoming less valuable because of inflation, and other powerful nations waking up to trade in their own currencies. Good thing is, a lot of people still turn to the Dollar because of the safety is somehow assures. I'm worried about my retirement savings of about $420,000 losing value because of these factors and more. Where else can we keep our money?
2
We undervalue the reality that banks are corporate entities governed by greed as well. Banks have been over-leveraging their assets since 2020, which was one of the causes of SVB's demise. I've never felt comfortable with storing a lot of money in the bank. I simply invest through my financial advisor , all I do is to spend my ROI and then reinvest!
1