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Wary Americans saving more, even as government encourages risk

Wary Americans saving more, even as government encourages risk | powelleco202 | Scoop.it
Americans have poured record amounts of money into savings accounts even though interest rates are at historic lows, new federal data show, a sign that average people may be missing out on a booming...
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I think we should encourage more people to save instead of taking more risk.

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GDP as a measure of well-being - GDP Trends Using Real and Nominal Values

GDP as a measure of well-being - GDP Trends Using Real and Nominal Values | powelleco202 | Scoop.it
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What is the Difference Between an IRA & a CD? | eHow

What is the Difference Between an IRA & a CD? | eHow | powelleco202 | Scoop.it
Individual Retirement Accounts (IRA) are an extremely popular way for Americans to save for retirement. Unfortunately, many new investors don't understand their basic function.
S.Powell Soccer's insight:

I think it is very important to learn about different ways to properly invest and save your money. I feel like this link briefly explains two options and how to decide what would be best for you.

 

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