Introduction to the Modern World of the Stock market
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Do you know what happens when the inflation rate is more than the interest you earn on your savings? YOU LOSE MONEY. Currently, the top rate you can earn from a nationally available savings account in the U.S. is 0.50%. On the one hand, this means that saving $10,000 will leave you with $10,511 after ten years-a mere 5% increase. On the other hand, with the inflation rate at 6.2%, this means that you are losing 5.7% of your money every year...
Format:Paperback
Language:English
ISBN:1737870908
ISBN13:9781737870906
Release Date:February 2023
Publisher:Acds Publishing LLC
Length:252 Pages
Weight:1.04 lbs.
Dimensions:0.7" x 6.0" x 9.0"
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