1148
Lotterule
(lemmy.world)
you are viewing a single comment's thread
view the rest of the comments
view the rest of the comments
this post was submitted on 30 Dec 2024
1148 points (100.0% liked)
196
16789 readers
2382 users here now
Be sure to follow the rule before you head out.
Rule: You must post before you leave.
founded 2 years ago
MODERATORS
Properly investing takes a lot of time and your big lump of money is not protected if the bank goes under. But yes, that is the best strategy.
Yeah for protection you invest it into US Treasuries or German Bunds and collect the interest. Not very likely that the US or German economy will collapse before any bank will go under. If the US economy is collapsing everyone is fucked anyway even the crypto bros, since there is a world war going on.