Some people say that the money in the bank will only get poorer and poorer. Do you agree with this sentence?

I don't agree with this sentence, because putting money in the bank is a means of asset allocation, and everyone needs a certain cash flow.

For a long time, many people feel that it is a loss to put money in the bank, because it is generally believed that the interest rate of bank deposits is very low and there is no way to beat inflation. In real life, we will not only deposit money in the bank, but also allocate various assets, and some people will make some active investments. No matter by what means, all our practices are asset allocation. I think putting money in the bank is also a way of asset allocation, and the problem is not big.

I disagree with this sentence.

Imagine that if a person has no deposit in the bank, it basically means that this person has no cash flow reserve and this person has no ability to resist risks. In life, we not only need to pay attention to investment, but also need to pay attention to daily expenses in life, which basically need to be completed by cash flow.

Second, putting money in the bank is a means of asset allocation.

If a person's assets reach a certain volume, he will not only actively invest, but also reserve some cash flow for various social activities in this way. Bank deposits have almost become the most liquid cash flow method, and it is precisely for this reason that most people with certain assets will reserve some bank deposits.

Third, I don't think it is necessary to underestimate the interest of banks.

This is because the deposits in the bank are not used for investment, but for cash flow reserve. If a person wants to get a higher return on investment, he can choose more active investment products, so I don't think it is necessary to compare the interest of banks with other investment products. Although the interest of banks can't beat inflation, banks are a very safe way to allocate assets, and we don't need to worry about the purchasing power of this part of cash flow.