Name: I studied money for 1 month. Now I hate cash.
Uploaded: 2026-01-20T17:35:54.000Z
Duration: 6 min 32 s
Description: Thousands of YouTube videos with English-Chinese subtitles! Now you can learn to understand native speakers, expand your vocabulary, and improve your pronunciation...

The imperative

See, I used to think that cash is king, but now I think it's the enemy.

Most of us put cash right here in our bank account where we think it's safe.

Adverbs of frequency

This means that every year our money disappears by 3.1%.

My friend Yoni and I are on a six month challenge to study money.

How it works, how it shrinks, and how it grows.

Yoni is the founder of Etoro, the largest social trading platform in the world.

If you want to join us, just click on this link.

Everything we're reading is available to you for free.

If every year is only 3.1%, in 24 years alone, your money will go down like this and you will have 50% less buying power.

Your money is worth half as much, which means everything else is double as expensive.

So your cash sitting in the bank today can buy you a car, but

in 24 years it may only buy you a bicycle.

The importance of learning how to manage money is, if you think about it, we spend so much of our time getting a job making money.

We need to spend some of that time actually managing money in order to build wealth over time.

I see so many of NAAS company members keep their salary, salaries in cash in the bank.

Like Lorena, who now has tens of thousands of dollars sitting in cash.

You have to learn about how to invest and invest your money.

Compound interest investing stock market.

If you take the US stock market or the S&P 500, which is basically a representation of the biggest companies in America, The S&P 500 got a yearly profit of 10% on average.

This means despite the Vietnam War, despite the dot com bubble, despite the 2008 financial crisis, despite the COVID 19 pandemic, the US stock market went up on average 10% every year.

This tiny 10% difference can make a huge difference in your money in investing.

Cash sitting in the bank goes down like this.

He says compound interest is the eighth wonder of the world.

He who understands it earns it and he who doesn't, pays it.

I'm not gonna say invest in this stock or that stock.

What I'm gonna say is if your money is sitting in cash like many people in my company, then you may be doing a mistake.

But also I looked into our cash as NAS company and I discovered a massive problem.

So we have access to $30 million as a company.

And I discovered that 10 million of these dollars are sitting there in cash.

And that's a big problem because it means we're losing $300,000 a year just from inflation.

So what I did, we kept enough cash for three months of operations as a company.

And the remaining in the 10 million, we just invested all of it in very low risk interest bearing stuff.

This one day exercise with my team has saved me hundreds of thousands of dollars.

And I'm telling you, investing is not scary.

You can invest in stocks, in assets, in real estate, in crypto, anything you want.

The most important thing is don't leave your money in cash because it disappears 3.1% every God damn year.

No one can time the market and no one knows when it goes up or down.

Investing belongs to the future and cash belongs to the past.

See you next month for another video about money.