Charlie Munger: Don't Keep Cash In The Bank — 5 Safer Assets Rich People Use

Your savings account is quietly destroying your wealth. Every single year. And you don't even notice it. If inflation runs at 3% and your bank pays 0.5%, you're losing 2.5% of your purchasing power annually. Over a decade, that's 25% of your real wealth — GONE. That's not risk. That's certainty. In this video, Charlie Munger reveals the 5 assets that are actually SAFER than cash: 1️⃣ Productive Businesses — Stocks with pricing power that grow with inflation 2️⃣ Productive Real Estate — Properties that pay YOU while you own them 3️⃣ Yourself — The one asset no market crash can take away 4️⃣ High-Quality Bonds — Strategic parking, not permanent destination 5️⃣ Useful Hard Assets — Farmland that produces, not gold that sits The common thread? PRODUCTIVITY. Assets that do something. Assets that create value. Cash just sits there, shrinking, while you tell yourself you're being responsible. 🔔 Subscribe for weekly wealth wisdom 👍 Like if this changes how you see your savings 💬 Comment: How much of YOUR money is sitting idle? TIMESTAMPS: 0:00 - The Uncomfortable Truth About Your Savings Account 5:30 - Why Cash Is a GUARANTEED Loss (The Math) 11:00 - Asset 1 & 2: Productive Businesses & Real Estate 17:30 - Asset 3, 4 & 5: Skills, Bonds & Hard Assets 23:00 - The Real Cost of "Playing It Safe" ======================================================= #CharlieMunger #WarrenBuffett #RetirementPlanning #ValueInvesting #FinancialFreedom #slowcompoundings