It is so easy to move money around now there is no reason to keep that much in savings. It is crazy how easy it is to move money from a savings account to a brokerage account and buy a tbill in 2025 vs 1990.
Retail banking has really been stripped to its absolute bare essentials. There is no growth in banking in the US other than growth by acquisition.
I can't think of a worse investment than a bank startup.
It is so easy to move money around now there is no reason to keep that much in savings. It is crazy how easy it is to move money from a savings account to a brokerage account and buy a tbill in 2025 vs 1990.
Retail banking has really been stripped to its absolute bare essentials. There is no growth in banking in the US other than growth by acquisition.
I can't think of a worse investment than a bank startup.