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A thought I had.. Banks earn a lot of money, yet its free to use. If them loaning out/investing our money is so profitable, why would we keep any of our money in a bank?
Post Reply RetroFed Forums Forum Index » Finance -> sub migrated
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sascuach lemmy.ml sascuach@lemmy.ml
Joined: 2022-01-29
Quote

cross-posted from: https://lemmy.ml/post/287387

is my logic wrong here, like shouldnt any sane person then invest virtually all their money?

i suppose the main counterargument is that its safer in a bank, anyway im not too knowledgeable so i wanna hear what people have to say here
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