Topic: Banks Won't Make You Rich - page 16. (Read 1789 times)
I think banks keep some of our money does not mean we will get rich, if you want to make a good profit, for me you can do a positive business, in our opinion you can more easily earn income, so you easily get rich, and you can invest bitcoin for us very positively as you would expect. but with investments in bitcoin also have a high risk, but also the benefits are also far greater than you get.
Truth is, unless you own a bank, then you won't get rich in it. Kidding aside, I personally believe that banks aren't necessarily there to make people rich. They're there so we can have a place to keep our money safe. The interest rate, security and insurance policies that they have are just incentives/perks so that we do our business with them. Also, they have other services like loans and credit cards. However, their main purpose is keeping our money safe and access to it when needed (via ATM's or mobile bank apps).
This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies. 
Banks are just for keep your money safe! 
I think only the billionares and the banks got rich, but the ordinary people won't rich, because the interest is very low. Sometimes they file bankruptcy suddenly, then we won't get the full refund on our money. So it's better to invest our money with bitcoin, because it gives us a tremendous profit in a few years. Banks are just for keep your money safe!
Surely the bank can not make us rich. The interest paid by the bank for us to send monthly can be called support interval. So that's not much money, not enough for you to spend in life speak of wealth. Can only invest in the Crypto market to get rich.
Banks can never make us rich.They can only save our money and give us the assurity to protect them.They give us a very few amount of interest that they gain from investing our money to somewhere else.Becoming rich !!!by banks??,jokes.
Definitely true because bank is just an entity where you secure your money. But in the name of earning a profit from what you have deposited is not guaranteed. Investing is the only for your money to give you profit that can even make you a millionaire.
I agree , just keep an emergency fund on the bank so you can always pay your stuff and you don't have to worry. But once you have decent amounts of money investing pays of really well , just pick some secure funds stocks and maybe some more risky things like bitcoin. This way you will earn some passive income , invest what you gain again and you are starting to make money, 
Definitely true because bank is just an entity where you secure your money. But in the name of earning a profit from what you have deposited is not guaranteed. Investing is the only for your money to give you profit that can even make you a millionaire.
I agree with you, because banks will only give you low interest on your savings, which will always be lower than the inflation rate. So it can also be a good explanation of why so many people like bitcoin, investing bitcoin more cost-effective than money in banks, bitcoin is very effective against inflation.
Right. And instead, we made the bank rich because they only gave us low interest for our savings but when it comes to loan they gave us high interest, well in fact it is our money whom they utilized. They're earning higher interest out of our money.
I agree with you, because banks will only give you low interest on your savings, which will always be lower than the inflation rate. So it can also be a good explanation of why so many people like bitcoin, investing bitcoin more cost-effective than money in banks, bitcoin is very effective against inflation.
Banks will not make rich if we only become customers, unless we make large amounts of deposits. If you are diligent enough to save in the long run it may also be rich.
yes,if you invest your money in bank it won't make you rich, in my country (turkey) interest rates annual %14 , you can get this money in one hour from crypto.
14% is good amount mate in my country 9% is highest and if you put in governament under control banks you will get only 7% interest. Yes within a short time we can earn that money from crypto. if we put money in banks we will not get rich but we can lead our life by taking that interest it is a stable income and our investment is also safe, this facility we don't have it in crypto. True, the bank is a safe deposit money. But the bank does not make us rich even though the bank gives added value. Because the value added is very small.
Of course anyone with common sense should know that banks are never designed to one rich...their system s designed to make them more money no matter how their repayment plan is structured!
This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies. Banks are just for keep your money safe!
Banks are just for keep your money safe! Bank will make you extreamly rich if you were smart enough to open in the late 20th century. We were both not.
yes,if you invest your money in bank it won't make you rich, in my country (turkey) interest rates annual %14 , you can get this money in one hour from crypto.
This is my opinion.Banks won't make you rich.saving in bank can never do that,because of interest rate that bank gives you is too tiny.You saving will be simply be eaten up by the sleepy monster called inflation. As a example I will take ,When I'm in grade school,each day I received 10Rs (my country currency) from my mother.It was enough to by me 2 meals,but in now 10Rs enough to buy 2 candies. Banks are just for keep your money safe!
Banks are just for keep your money safe! Yes, banks won't make you rich, because of the small interest given to you annually, unlike bitcoin investment is a good start to become rich, it's a big opportunity because it may double or triple your money invested if you can wait or patience enough for the exact time for the recovery period.
You're absolutely true, banks just take your money basically to increase their own incomes, nothing more.
And the worst thing is that not only you are doing them a favor, which is bad enough as it is, but they charge you for the privilege of doing them a favor, they charge you for everything or at least that is the way it works in my country, they charge you for opening account, they charge you for having an account with them, they charge you if you check how much money you have on an ATM, so it is better to not put your money in a bank.This is a free market, lol. If you don't like banks and the commissions they charge just don't use them. This is what bankers would willingly tell you. Banks have monopolized money and they clearly took advantage of their monopolistic position. Everyone would in their place, so we can't actually blame them for behaving like that. But now we have crypto, and can shove their own words down their throats and be just as obnoxious as they are since it is a free market after all, isn't it?
Of course, the banks won't make you rich. they will only make themselves reach.
Your actual question is whether you can use saving interests in the banks to make some profits. You can use some special dedicated saving accounts, they usually offer a fair interest rate, but it's not that much. However, it's also almost without any risk. It's always like this - you can invest in more profitable assets, but you also have to succumb yourself to more risks.
Your actual question is whether you can use saving interests in the banks to make some profits. You can use some special dedicated saving accounts, they usually offer a fair interest rate, but it's not that much. However, it's also almost without any risk. It's always like this - you can invest in more profitable assets, but you also have to succumb yourself to more risks.
That won't never ever happen. Instead, once you save money in the bank then they find out you have a Millions of savings they can freeze your account at any moment to investigate you where does it come from. Which I hate the most, Bank can't make you rich but they can become rich through using our money that we are saving it to their bank.
Banks are not exactly made for us. It is a form of a business and definitely the owners get the profit from our money. The money we save in bank accounts is used by the bank in investments from which they make profit in millions and then return a bit of that revenue to us. Then there are high charges for providing security and other facilities.Also, there are too many rules and regulations.
Since when did banks make rich. That's just a lie. In fact, I think banks get for capital from the people who save their money in the bank. The economic turnover of banks with the promise of giving interest to customers. It takes tens of years you get rich to save in the bank and it will lose our financial turnaround time. Better in bitcoin it would be better and be a beautiful life.
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