It's time to talk about investing your cash like a pro.

When I was getting started in real estate investing, I wanted to understand how do the pros do it?

How do the millionaires do it?

And I started trying to have lunch with those individuals to understand it because you're the product of the five people you spend the most time with.

So if you're surrounding yourself with losers who aren't investing and don't know what they're doing

then chances are you're not going to know what you're doing either so how do you invest your cash

like a pro if you're sitting on piles of cash or some old stale savings account i've got some bad

news for you you're not saving money.

You're losing money. Today you're going to learn why saving money may actually be hurting your

bottom line and three strategies you can use instead. So if you're ready to invest your cash like a

pro, let's get into it. Now, if you're parking your money in a traditional savings account,

this is a horrible strategy.

Let me explain.

According to Bank Rates' recent survey, the national average yield for savings accounts is 0.61% APY.

Point 61.

Many banks are offering rates as low as 0.1%, which is basically zero. Think you could have hundreds of

thousands of dollars in that account, and you will make virtually nothing. In fact, storing money

in a traditional savings account actually costs you money. Why? Well, the annual inflation rate

in the United States was 3.4% in 2023.

Okay, if we want to just go back to 2023.

This means your dollars are losing value every day.

That interest rate is simply not keeping up with inflation.

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