“Thou shalt not hold money without purpose.”
Every penny you have needs a job.
You don’t invest to “beat the market.”
You don’t hold cash because it feels good.
You don’t buy crypto because everyone’s doing it.
Every dollar needs to be tied to a financial goal. If you don’t know where you’re going… any path will get you there.
You invest to earn compound interest so someday you can live off the income.
You hold cash because you need liquidity for an emergency fund.
You buy crypto because it’s fun. (Recreation is a perfectly acceptable goal… as long as it’s a very small percentage of your money.)
Don’t let your money wander around aimlessly.
Like a dog off a leash… it will eventually get lost.