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- Younger Generations Holding Cash over Bonds
Younger Generations Holding Cash over Bonds
Liam Gill
December 15, 2023
News of the Day
The U.S. Department of Justice disrupted a major "pig-butchering" scam, indicting four men and arresting two, for defrauding victims of over $80 million. This scam involved tricking victims into sending money to fake investment platforms, with the perpetrators laundering proceeds through shell companies and various bank accounts, including international ones in Hong Kong and the Bahamas. The operation underscores the fight against sophisticated financial fraud.
Tweet of the Day
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Mindset is a superpower.
Learn the right mindset, and you can achieve anything.
Here is the mindset you NEED to raise venture capital:
I AM THE PRIZE
If you think the money you receive is more valuable than your equity then why the hell would someone give you their money?… twitter.com/i/web/status/1…
— Liam Gill (@LawyerLiam)
3:37 PM • Dec 14, 2023
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Insight of the Day
With younger generators preferring to hold cash (non-interest generating) over bonds (interest generating), is there potentially an opportunity here to provide younger generations with the liquidity and certainty they seem to feel with cash while also earning the interest that bonds provide? Cash accounts are currently offering 5%+ interest. Is that the best that this gets, or is there more opportunity?
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Onwards and Upwards,
