James E
Financial Analyst
MBA - Finance (Hofstra University - NY)
BBA - Finance (Hofstra University - NY)
AS - Mathematics (Nassau College -NY)
New times, call for new avenues. There is an old saying, "it takes money to make money." And for the most part this is true, especially in terms of interest. If you are a risk averter like I am, you will find this most appealing. In this day of age, banks savings accounts only pay anywhere from 0.1%-0.4% on all monies deposited. Since each bank has to cover overhead and G&A expenses, because of its "brick and mortar" buildings, these rates are drastically lower than they should be. However with the new addition of "online" savings accounts, the overhead and G&A expenses are eliminated beca...
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Member since: May 2008
Articles Written: 1