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Jason Zweig: Take A Hint from Goldman: Squeeze More Out Of Your Cash
FYI: (Click On Article Title At Top Of Google Search) Low interest rates have made many investors too complacent with their cash. Squeezing more income out of your cash hardly seems worth the bother in today’s yield-parched world. The average bank money-market account yields 0.11%, according to Bankrate.com. At those rates, $10,000 will earn $11 in a year — enough to buy a few bags of potato chips at Wal-Mart. The Crane 100 Money Fund Index, a measure of returns on money-market mutual funds, yields a still-woeful 0.22%. Regards, Ted https://www.google.com/#q=Take+a+Hint+from+Goldman:+Squeeze+More+Out+of+Your+Cash+jason+zweig