EYES THAT SEEK VALUE

 

It boggles my mind that high net worth individuals see value in low-interest bearing savings accounts - and by low, I mean 1% to 2%.

This is highway robbery from my perspective because this money is actually losing value due to inflation. 

There is a significantly higher return in real estate investments (double-digit returns) than term deposits, GICs, or savings accounts.

Okay, this is a great place to park cash while waiting to deploy it into an investment but it's not ideal as the primary wealth-building strategy.

It takes educated eyes to see where to place cash for maximum returns.