The Frugal Guide To Living Like A Grown-Up: Banking is for Suckas

Sunday, September 28, 2014

Banking is for Suckas

Bank Savings Account: less than 1%

Inflation: 3%

You lose: 2% of your savings

Index Mutual Fund: average 11%

Inflation: 3%

You win: 8%

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Please be advised: This blog is my own personal finance blog, not yours. The author of this website is not your mother or your financial adviser.

Please research carefully before you go out and do what you see a grown azzed woman do!

This blog is for informational purposes only and does not constitute an offer to sell, a solicitation to buy, or a recommendation for any security, nor does it constitute an offer to provide investment advisory.

Again, I am not a professional financial adviser. Please do your own due diligence and consult a financial/investment professional before investing any of your money. Investing in the stock market is risky and might lead to loss of capital up to 100% of the invested capital.