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July 7th, 2023

4 of the Worst Places to Stash Your Savings

Whether you’re a pre-retiree or a young investor navigating the confusing world of savings vs. Investing, this video is for you! Join me, Lena Armuth, the Real People Advisor, as I share examples of the worst places to save your Money and why.

I’ll guide you towards smarter alternatives for long-term savings and short-term goals.

Have a burning question? Drop a comment, I’d love to hear from you.

⏰ TIMESTAMPS

0:23: Keeping Cash Under the Mattress
1:22: Traditional Savings Accounts Won’t Help You Build Wealth
1:50: Short-Term Savings Don’t Belong in the Stock Market
2:43: The Five Year Test for Short-Term Savings
2:50: High-Yield Savings Account
3:20: The Risky Ride of Cryptocurrency
4:15: Beware of Permanent Life Insurance Policies
5:02: Keep Your Insurance and Investments Separate
5:30: Outro

Subscribe to my channel for more informative videos that empower real people like you:
▶️ @therealpeopleadvisor

Join a community of like-minded, everyday investors and learn more about our sensible approach at:
▶️ www.sensibleportfolios.com

Connect with me:
LinkedIn ▶️ https://www.linkedin.com/in/lenaarmuth/
Instagram ▶️ https://www.instagram.com/sensibleportfolios/
Facebook ▶️ https://www.facebook.com/SensiblePortfolios

#investingtips #savings #stockmarket #lifeinsurance #investing101 #Finance

Lena Armuth Host at Retirement for Real Podcast

My mission is to make investing simple and affordable for real people, everyday investors like you.

You deserve access to the tools and resources you need to build a better financial future. That's why I'm committed to providing high-quality content that is accessible to all.

I work at Sensible Portfolios, a family-run, financial advisory firm that has served hundreds of clients for almost 30 years. At Sensible, we follow a few basic rules: Be nice to people, keep investing simple, and don’t charge high advisory fees.

So what are you waiting for? Join my community of sensible investors and start building the wealth you deserve!

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