Am I Losing Money by leaving it in My savings account ?
Hello, Everyone
as a Newbie on Real estate and Personal Financing in General, I have been able to save a decent amount of money that is just sitting in my bank account. I am interested in investing in real estate. However, the uncertainty during these times and a possible economic recession coming, makes me want to hold on on my first real estate investment for a few months until I am able to save even more money and things settle more. I know, that by leaving my money sitting in my bank account I am losing money, due to inflation. But I am Seeking advice on places to put my money for the next few months to not lose more. Also, I do not have an IRA or any kind of investment account.