Do you think that it is a good idea to save money in a savings account? The Engineer Of Finance gives us a piece of advice when it comes to savings and liquidity. Stay tuned until the end as Ken shares his insights!

Ken Greene transitioned from being a Professional Engineer (P.E.) to the “Engineer of Finance.” His goal is to help people become financially independent and help them earn better yields with less risk by investing Off Wall Street.

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Show Notes

  • What happens when money is not liquid? – 0:38
  • Protecting your money – 2:24
  • What it means to have money liquid – 3:28
  • Explaining a dangerous strategy – 3:34
  • Diversification of strategies to store your money – 4:33
  • A liquidity problem – 5:05
  • Why having liquid assets is important – 6:18
  • Differences between savings and investments – 6:48
  • Having money in a savings account – 7:50
  • Savings create liquidity – 8:56
  • Investments can be illiquid – 9:55
  • Investments that can become illiquid – 11:49
  • Using The Bankosaurus® as a strategy – 12:58
  • Good ways to create liquidity – 13:17
  • The importance of liquidity when it comes to investments – 14:28
  • Ken’s favorite savings strategy – 16:11
  • What happens when you create large amounts of liquidity – 17:44

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