Introduction to the Modern World of the Stock market

by Alex Smith

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"