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Makes me think all the articles and advice to invest in index funds were all part of this plan too.

• mschuster91 5y ago
  The idea of investing into an index fund is pretty solid in any case. The money from savings accounts ends up on the stock market just the same, only with the bank pocketing the profits between the savings account interest and the rise of the usual indices.
  • reducesuffering 5y ago
    Don't US banks have financial regulations that they can't just take savings deposits and buy stocks? I thought they have narrow leeway with risk and deposits are mostly used for loans.
  • polishdude20 5y ago
    Yeah that's true. Although I guess the bank guarantees your savings will still be the same amount if their investments go down?