Cryptocurrency Q&A
Why do the rich hoard money?
Why do the rich hoard money?
GeishaMelody
Thu Nov 07 2024
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7 answers
1390
I've always wondered why the wealthy tend to hoard their money. It seems counterintuitive, especially when there are so many who could benefit from their fortune. What drives this behavior? Is it fear, greed, or something else entirely?
7 answers
SamsungShineBrightness
Sat Nov 09 2024
Affluent individuals tend to accumulate substantial amounts of cash.
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HallyuHeroLegendaryStar
Fri Nov 08 2024
In general, cash is highly valued, serving as a reliable and stable asset.
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SolitudeNebula
Fri Nov 08 2024
Their primary motive is to attain peace of mind.
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CryptoLordGuard
Fri Nov 08 2024
According to a prior article, saving more money progressively boosts happiness.
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SumoPowerful
Fri Nov 08 2024
However, in a bull market, other investments may outperform cash.
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