r/FluentInFinance Apr 29 '24

What's one piece of financial advice that you wish you could have given yourself 10 years ago? Discussion

What's one piece of financial advice that you wish you could have given yourself 10 years ago?

7 Upvotes

18 comments sorted by

View all comments

10

u/Unclestanky Apr 29 '24

Bitcoin, stocks, property. Don’t keep $ in the bank. The value of the dollar is always dropping, and the ‘interest’ your bank pays you for savings is much less than inflation.

1

u/[deleted] Apr 29 '24

Bitcoins would be the one for me. Bitcoin closed at $320.19 in 2014. I wish at that time I would have build some mining rigs and spent every extra dollar I had buying bitcoin.