I saw that other post about the actor getting paid 10 mil and

Well you'll lose money over time compared to inflation, guaranteed if you leave your money in a bank while investing in the stock market isn't quite that high risk of you if you diversify all of your investments

>>1390115

Bank interest is slow af. I put my saving in Acorns and it makes me more in a week than my Bank did in a month.

>>1390171
How is that thing not a scam

>>1390171
>it makes me more in a week than my Bank did in a month
Is that because you're constantly contributing to it?

>>1390115
>10 mil with interest is enough to live on for the rest of your life

No it's not. After counting for inflation you are losing money with the current interest.

It would be wiser to put them into a passive index fund which have lesser risk. This might not be the smartest of moves right now as the stocks are all time high.