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Tag Archives: CD

Cash Is Dead – Why Your Savings Account is Losing Money

Posted on June 20, 2020 by DividendDiplomats

 

cash is dead

“CASH IS DEAD! CASH IS DEAD! Read All About it.”  In my head, I picture a newsboy from the beginning of the 20th century shouting as I read the article title. The sad reality is that it is true. Cash is dying. No, it isn’t at the hands of cryptocurrencies or apps (Venmo, Facebook, etc.). Cash is dying because the cash in your bank account is LOSING value rather than gaining value. In this article, I will explain this sad phenomenon and provide you with alternative ways to increase the value of your cash.

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Posted in Lessons | Tagged cash, CD, Dividend Aristocrats, dividend investing, Dividend Stocks, savings account

About Us!

Two 30 something dudes who are blogging about #Investing, #Frugality, Passive Income & attempting to Reinvest Our Dividends to Financial Freedom!

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Not only do we love writing about dividend investing, we also love talking about it as well! We started a YouTube Channel several years ago that produces 3+ videos EVERY WEEK! Video topics include dividend stock watch lists, stock analyses, our recent dividend stock purchases, and MORE!

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