Is ‘Lazy Money’ still a concern in 2024’s higher interest rate landscape? In this episode, we explore this question, examining how the recent rise in interest rates affects the money sitting in savings accounts, CDs, and conservative investments.
We’ll discuss the new dynamics of managing your funds in a world where traditional saving methods are seeing better returns. Are these options now a viable part of a savvy investment strategy, or are there still better ways to make your money work harder for you?
Here’s some of what we discuss in this episode:
- What do we mean by lazy money?
- Why we should still be concerned about having too much lazy money.
- The dangers to your retirement if you’re too conservative.
- How we help people shift their mindset and look at other investment options.
If you are interested in any of the topics we discussed, please reach out and we would be happy to help you navigate your financial situation.