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Wayde McKelvy
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- Bellvue, CO
- United States
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Investment Strategies that Build Wealth
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- Social Status:
- Intermediate Social Marketer
- About Me:
- Wayde McKelvy here - I created my Speed of Wealth forums as a place to educate, share investment opportunities, and radically change people's ideas about saving money for retirement. Conventional financial wisdom is simply not working.
- Website:
- http://www.speedofwealth.com
- Blog:
- http://www.askwayde.com
Wayde McKelvy's Blog
The True Cost of Inflation
Let’s explore just why banks are so darn profitable. How many people do you think put their money in a bank? How many folks do you think put money in a bank Certificate of Deposit (CD), money market fund or other low interest bearing account? We can assume that the numbers are overwhelming, because folks perceive their money is safe in a bank.
Essentially when you make a deposit into a bank you are lending the bank money and in return they are going to… Continue
Essentially when you make a deposit into a bank you are lending the bank money and in return they are going to… Continue
Posted on December 2, 2008 at 3:37pm —
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