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Pastimes : The Justa & Lars Honors Bob Brinker Investment Club -- Ignore unavailable to you. Want to Upgrade?

To: Investor2 who wrote (2346)12/3/1998 3:35:00 PM
From: Dave Kahn  Read Replies (1) | Respond to of 15132
 
Did you include savings accounts (I know it's dumb) but lots of older people still have them.

Dave



To: Investor2 who wrote (2346)12/3/1998 11:30:00 PM
From: Lars  Respond to of 15132
 
I2,

>>>
Re: Only 4.2% of Americans have a money market fund.
>>>
I agree. One of the most common things I tell people when they ask me basic questions is to get the hell out of the bank which is paying you 1% to 2%. Right there you can go from 2.5% or so to 4.7%.

The standard reply is.....you mean I can have a money market account with only a few thousand.

Every little bit helps.


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