DONT TEACH PIGS TO SING…. it wastes your time and you annoy the pig.”

I was talking to a friend….about my age….and she was so proud that she and her husband are holding their financial future in dollars, in their local bank.

When I attempted to caution her about the devaluation of the purchasing power of her savings….she turned into a pig who did not want to learn how to sing.

Since she, her husband and I were in our 20’s the US dollar has lost 95% of its purchasing power.

I asked if she noticed the price of food going up? She could not connect the dots between the purchasing power of her savings and the price of eggs.

I do not expect all or any of you to agree with me. I do appreciate you following ramblings….the ramblings of an old man whose first investment property cost me $18 k, I paid for with my credit card, and I made $25 a month passive income.

FYI this was in Hawaii in 1973.

Today I do the basically the same thing but there are at least 5 to 6 zeros after the first numbers.

I will not bother my friend who is happy to have cash in the bank….

But many of you know one of my rich dads first lessons was “Savers are Losers.”

Why save money when banks print money?

If she is happy being a saver of fake dollars…. I wish her happiness.

Thank you and take care.