Do you have money from your investments, and you have no idea where to keep it until a new opportunity arises? This episode is for you. John and I will be answering the question, where should we park our money?

Take a moment and ask yourself, where is the car safest when you are not driving it? Is it in the garage or the streets? Definitely, it is in the garage, where it is protected from harsh weather theft, among other things. Likewise, your money is safe when it is in a money garage. Just like the way you drive your car off. Your parked money should be readily available when you need it for an opportunity.

Listen in to this episode to learn more.

Key Talking Points of the Episode:

[02:47] What’s the best place to park your money?

[04:30] What does money at rest mean?

[08:27] The Garage analogy

[12:43] The Gold analogy

Magical Quotes from the Episode:

“The traditional model has always been just looking at a way to return an average return, and an accumulation model. But the reality is, is that there's so many key factors to where you can park capital, and what it means for you other than rate of return.”

“We get so hung up traditionally, on rate of return, we think we always have to be maximizing the rate of return even when the money is just sitting somewhere.”

“Opportunity is really what creates rates of return.”

“We forget about that in times of uncertainty and in times of just in just good overall economic sense. It's okay to have some mile money idle.”

“The purpose of money is to transact, either for lifestyle, or for investment. We don't have money just for the sake of having money. We got to do something with it.”