Steve’s Barking; Mom said, put your money in the bank

 

Mom said, put your money in the bank and don’t invest it because you might lose it and the bank gives you interest and is insured.

 Mom came through the depression and that was the thinking of many a person who lived through the depression.

 One of my uncles on the other hand said invest, it gives you better returns. Look at the balance sheet, it should tell you if it’s going to go out of business. Also most of the stocks I ( meaning himself) invest in pay dividends that are greater then the interest you will get from the savings account from the bank.

 Being a good son I took and are to the present day  is taking my mom’s advice, because of this I’m sure I missed out on many a great opportunity ( in the present day) too make oodles and oodles of money..

 I may also have lost out to loose my shirt if the other investors decided to pull out.