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Saving or investing ("hoarding" -- they're not keeping it under the mattress) is inherently ethically worse than consuming, without regards to what is being con
by galdosdi 11y ago
Saving or investing ("hoarding" -- they're not keeping it under the mattress) is inherently ethically worse than consuming, without regards to what is being consumed or invested in? Really?
- imtringued 11y agoYou're right. They could always invest in more housing. A less tongue in cheeck answer: they usually don't invest more than half their savings. Source: http://www.financialsamurai.com/why-the-rich-hoard-so-much-cash/ http://www.financialsamurai.com/why-the-rich-hoard-so-much-c...