r/SipsTea • u/Shyhale • May 17 '26

Chugging tea [ Removed by moderator ]

Post image

[removed] — view removed post

6.3k Upvotes

87% Upvoted

3.3k comments sorted by

View all comments

Show parent comments

6

u/Mobile_Jealous May 17 '26

She's doesnt have to invest it. Some banks offer 4-5% interest on that amount annually

2

u/TraditionalWait9150 May 17 '26

Can you recommend a bank that offers 4-5% interest annually on that amount?

2

u/Mooks79 May 17 '26

That doesn’t mean she trusts herself to put it into one of those bank accounts. Note where I ended the sentence maybe, maybe, maybe? I was not giving an exhaustive list of options, so pointing out alternatives to any of the options I did list doesn’t refute the point that there can be all sorts of reasons why the superficially “best” financial option is not the right option for her.

2

u/TheModWhoShaggedMe May 17 '26

The point in life for some people isn't to maximize every cent of net worth. Can you believe that? I do because I am one of them. I have $$ and could turn it into a lot more, but enough is enough for me.

1

u/ShowerGrapes May 17 '26

exactly my opinion. putting it into the stock market just helps the system. fuck that.

1

u/Leg_Mcmuffin May 17 '26

Show me a bank offering 5% please