Is your savings account a dinosaur?
Article Abstract:
The savings account has become the dinosaur of financial services, which means that it has become obsolete over the years. A switch from short-term deposits to money market mutual funds is advised to earn more interest. These funds can buy investments such as T-bills and banker's acceptance.
Publication Name: Chatelaine
Subject: Women's issues/gender studies
ISSN: 0009-1995
Year: 1998
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"Have I got a deal for you...." (pyramid schemes)
Article Abstract:
Women should be wary of the easy money promised by pyramid schemes. These schemes promise significant monetary returns for a minimal investment, and require participants to bring in new investors. Penalties for involvement in pyramid schemes range from fines to actual jail time.
Publication Name: Chatelaine
Subject: Women's issues/gender studies
ISSN: 0009-1995
Year: 1998
User Contributions:
Comment about this article or add new information about this topic: