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Why I don’t put my Cash in Banks

Alex Hormozi 268 views

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Blud doesnt know the fdic and regulations exist
Comment from : @Mrworldwideohmy

And when the bond is paid back your money has already gone DOWN in value by how much? Wait till hyperinflation hits kiss the value goodbye
Comment from : @1truthseeking8

Is Alex a Government Psyop to fund military?brbr1 He tells you to just double your earnings instead of moving out of country to avoid super high american taxesbrbr2 He used to work in the military intelligence departmentbrbr3 He tells you this
Comment from : @voyagersmarch8776

Damn 5 ? I’m so used to Bitcoin it got 300 in a year
Comment from : @juill4at

Keep loving these Mozi-takes ❤
Comment from : @joschuatabani7207

You have never heard of the FDIC?
Comment from : @BaptistJoshua

Please do us men the favor & close your legs bro 😂
Comment from : @brod419

My saving account pays over 5 and is fdic insured they will print money to bail out the bank
Comment from : @walkerbolin8458

I truly thank you for saying that twice Imma look into it
Comment from : @somarfarooque1486

I just cut off the banks thank God I shoulda listened a long time ago thank you you ain't lying
Comment from : @JoeySavage

Shoebox never failed me as a savings account
Comment from : @Texasmule

Do you know it will get taxed again?
Comment from : @Misslisasolutions

NO more T-Bills in my country of Canada they dont exist since 2017
Comment from : @alainroger-r8b

that is how banks work and make money, you think banks just hold your money for you and get money and become richer than you, no
Comment from : @beastfire5830

History shows that we shouldn't trust the banks I haven't had a bank account for about 15 years now lol A dollar is worth about $005 or less right now as it is
Comment from : @stancarlson2992

The problem is that storing cash (the bills) is not much safer either You can buy gold or silver at least, if that's the planbrbrBonds? Nah, I am not believing that either
Comment from : @NomadicDmitry

So what happens if the government collapses, shutdowns or defaults?
Comment from : @keshauncamon580

In the uk, you can use building societies or cooperative bank services Im not sure if the us has the same systems
Comment from : @arandmorgan

You must live in America?!
Comment from : @GeorgeJSBailey

Complex content I must learn… watching everything starting now
Comment from : @usuariohumano2179

I also have cd account etc
Comment from : @Darkstalker212

YesI love you guys
Comment from : @bc2647

Bro put pants on this ain’t a zoom meeting
Comment from : @steveo6408

You still need to buy from the banks?? 🤔 your dealing with the same people basically in a new way Which always changes and updates Its Usually hardly even regardless
Comment from : @bartbarnes9596

Well I get 11 Santander bank , but if you get 0 I don't know why people keep it there
Comment from : @SlackersIndustry

The consequences of fractional reserve banking and creating digital fake money for their greed for profit Banks have no cash flow and are bankrupt, all of them! The CBDC and eliminating cash is their only way to surviveMaffia Bastards!
Comment from : @rapalaron6348

50
Comment from : @Årstl-x5t

Capital One Savings Account has a 41 APY
Comment from : @Dygit

Janet Yellen more recently mentioning that people may not get their money back from T-Bills if the government doesn't come to an agreement and raise the debt ceilingbrbrOf course they will raise the debt ceiling, but there is still some risk Ray Dalio also says historically, as a country reaches the end of the long term debt cycle, holding bonds and treasuries of a nation that is in over their head with debt is sort of like a ticking time bomb brbrNot saying I know a better place to park cash, but just a couple perspectives to consider
Comment from : @seancphygital

Tresuries? Dude the government is going bankrupt stop reading a script
Comment from : @leviticus_internet

It's a fake problem The money is insured by FDIC
Comment from : @mattcross2888

Up a little bit the subtitles coz its so close to your balls and its a little disturbing 😂
Comment from : @lawrencealfon6141

How do I buy T bills ? I have no clue
Comment from : @PInk77W1

And now Alex will probably have a mysterious accident God bless the man
Comment from : @Neurochrom

Roman reigns brother
Comment from : @jaykisuke3397

A treasury bond binds your money up for at least 10 years, assuming interest rates will go up in May, which they most likely will I would advice to stay away from this advice
Comment from : @orenturnbough7042

When the USD goes into hyper-inflation, good luck to getting your money back 😅😅😅
Comment from : @MY-nc7lq

Nice
Comment from : @arshanparvizi6014

Trust the government Hilarious😂
Comment from : @IrelandVonVicious

I have a serious question With BRICS forming their own monetary system, are treasury bills going to be safe with the policies the western governments are putting in place? Are western countries going to be solvent in the next 10 years?
Comment from : @jacksparrow3025

Can a 501C3 buy treasury bonds?
Comment from : @countryfriedhvac

This is dumb considering ninety percent of people probably don't have more than 250k in the bank and are FDIC insured Buddy is thinking it's cool to cause hysteria to make a bank run
Comment from : @clarkkotte3069

You pay the all the convenience of a bank Ability to loan, quick transfers, paying bills and much more No one would ever be able to buy and sell T bills often enough
Comment from : @kenthoover3573

Funny that he says this NOWbrbrWHY not say this 2 months ago? 🤔
Comment from : @TheSupremeNPC

It’d be interesting to hear your thoughts on the strength of the dollar, the country, and reserve currency status
Comment from : @vyzion

Ah yes anyone, as a Scandinavian in my country at least, you need 100k liquid that you can use on that, so tell me does everyone have 100k just laying?
Comment from : @zhqpr4378

Modified Whole life insurance with a high cash value and low pua(paid up addition) as your bank account when done right you can tap into it within days plus compounding interest on the whole amount regardless of what you took out so long as you put it right back
Comment from : @abby9307

Hmmm don't know about this guy An actor maybe?
Comment from : @kc4091

Are you high alex? Bonds are what killed SVB, but sure go buy bonds at 4 when inflation is 8 or more We really don't know, the government lies about everything
Comment from : @hay_aye_ron

T bills don't yield 4 I have t bills and it's not nearly 4
Comment from : @TheCEOXPerience

Too bad that isn't going to keep up with inflation Pass
Comment from : @BrianPhobos

The US Dollar is gonna be hyperinflated away within the next 2 to 7 years because it's not gonna a be the world reserve currency much longer Some would argue that it has already lost its reserve statusfood for thought
Comment from : @gnosisdespirit

Lol fdic protects your money against bank failure brbrTbills have little risk but if rates change the value of the bonds change Less liquid Savings accounts or cds are liquid
Comment from : @moderatesunited

It’s not about not using banks it’s about know what banks to trust
Comment from : @thebull_1

Buy XRP
Comment from : @xblue8910

Wow Why create more panic? What the hell is wrong with you?
Comment from : @jacquest

First advice I don't like from this guy Your dollars are worthless cause the government can print and infinite amount of them go buy gold and silver!
Comment from : @thomasstark4791

The banks are insured by the FDIC
Comment from : @srky4346

This idiot wants not to trust banks, but trust the government…
Comment from : @Jojo-rb7lx

The banks have no liquidity because they are sitting on unrealized losses in t-bills
Comment from : @rexy2675

How long do you need to keep your money in a treasury bond before you can pull it out tho?
Comment from : @smokingcrab2290

Or just put your money that’s sitting around into a high yielding savings account
Comment from : @cpculture4641

The bottom line is you like putting your stick in shit!
Comment from : @JohnLozano-tr4dj

My savings account is currently giving me a 44 interest rate and it's been climbing for the last 3 years
Comment from : @traviss9059

Dude, you have the captions scrolling on your junk!!
Comment from : @mtramel935

Ty
Comment from : @fedvgo

Ah yes, classic shill talkbrDon't believe this dude lmao, he definitely has at least one bank acc that he uses
Comment from : @DarkLightProjector

Become your own bank, look up how to do it
Comment from : @stcstwwlove

Treasury Bonds? Hmmmm Okay, I'm going to look into this Thank you for sharing!
Comment from : @CarissaLeeVlog

Just diversify into BTC, gold, commodities
Comment from : @blurabbit6476

Long term bonds go down in price though if you want to sell and interest rates have gone down
Comment from : @amikkelsen

Bitcoin!
Comment from : @synewparadigm

Lol your still using their tool of economic enslavement (money) and preaching how everyone should keep chasing it which just maintains the imbalance that those with more wealth already enjoy 😂 way to help maintain the bullshit
Comment from : @recluseauhermitticus2033

Liquidity brah
Comment from : @Ajay-pz9ms

Bitcoin fixes this
Comment from : @ecomhicks

If it were only that simple
Comment from : @iandrake4683

T-bills LOL so you are advocating to trust the government? Way better option is a high interest, whole life insurance policy or universal indexed insurance policy through a long-time running company that survived past recessions In these policies, your money can’t be touched by the government, you don’t pay taxes on the gains, and you can borrow from it to make investments
Comment from : @spencermeek1841

Would rather just put my business profits into silver, or real estate…assets that are liquid and will continue to grow in value Silver is going to be one of the first metals that we run out of due to excessive industrial demand It’s easy money in a long term outlook
Comment from : @KaspaKings

Is this still true while interest rates continue to rise and rise? Is laddering a better strategy here in which case?
Comment from : @ActualMike

Thank you!!!
Comment from : @mrclickclickboom69

Those shorts look uncomfortably tight
Comment from : @MrMountain707

Treasuries too can't be trusted, art crypto cash gold silver properties better
Comment from : @nayanmipun6784

How do you get them treasury bobds?
Comment from : @emmanuelgrumbach5742

Are you truly telling consumers to put their money into treasuries without telling them the inherent risk that comes with it??? 😅😅😅brbrMaybe, tell them that using this method is what brought down SVB!!! 🤦‍♂️
Comment from : @toddhanley

Hey everyone, there's a short term treasury bond ETF anyone can buy called SGOV That's a simple way to buy treasuries from the US government from a brokerage
Comment from : @KennyZ1615

My savings account is gold and Bitcoin , hasn’t let me down yet 😁
Comment from : @limekilnabby6225

4 doesn't sound like a lot considering inflation
Comment from : @pipsqueek89

Except that money isn't liquid and when you need it quick, you loose more than what you put in
Comment from : @EddyLeeKhane

Hahaha listen to this idiot Hey bud - history has shown that fiat currencies and governments in general never last This dude needs to go back and do some more research if he thinks he figured it out with this
Comment from : @christianjon8064