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With Higher Interest Rates, Is “Lazy Money” Still A Concern In 2024?
Manage episode 397546780 series 3469418
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Is 'Lazy Money' still a concern in 2024's higher interest rate landscape? In this episode, we explore this question, examining how the recent rise in interest rates affects the money sitting in savings accounts, CDs, and conservative investments.
Here’s some of what we discuss in this episode:
- What do we mean by lazy money?
- Why we should still be concerned about having too much lazy money.
- The dangers to your retirement if you’re too conservative.
- How we help people shift their mindset and look at other investment options.
To get in touch with Mike, visit our website: http://principalpreservationservices.com
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