this post was submitted on 28 May 2022
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Finance -> sub migrated

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Yayannick@lemmy.ml
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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? (lemmy.ml)
submitted 2 years ago by sascuach@lemmy.ml to c/finance@lemmy.ml
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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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