Parents want me to put savings into an offset account, Good idea? - Hey all, im F19 recently started working (first job) after HSC and studying in university and making around $550 a week as a cashier, currently i have around $4000 in savings an a little bit in stocks and stuff just to dabble. My parents were asking me to put my savings and what i would normally put into my savings into their offset account, and explained that it would basically be a savings account with no interest?


Im looking for more information as to what it is, if i should do it and are there any positives/negative in the short and long term, thx for the help.

Berkshire is hoarding so. much. cash.

Intel’s been lagging behind for years, while AMD has pulled far ahead in both consumer and professional-grade chips, it’s really not a close race anymore.

There’s this idea floating around that throwing enough cash at Intel will suddenly turn them into the next TSMC. But semiconductor manufacturing isn’t something you can ... See More rush, it’s a complex, slow-moving process that takes years of precision and experience.

Intel could recover some ground eventually, but framing them as the savior of American chipmaking feels more like a political talking point than a practical reality.

Buffet indicator is showing some wild times ahead perhaps, combine that with Berkshires record high cash hoard of 30%... chart via barchart.com / Longtermtrends

Looks like we're going through something, but who would have thought with all these tarrifs, inflation and trade wars going on

Where does this end up long term with small stocks suffering white giant caps are taking all the coin?

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