With the ups and downs of the stock market and interest rates dropping, where should I keep my money? According to this article, I should:
Spread the money out between accounts
Shop around for higher interest rates at different banks
Keep my money close to "cash" in these weird times.
Do you think this is good advice?
Where should I keep my money?
Posted by Data Babble | 9:04 AM | bank, cash, interest rate, money | 0 comments »The economy is the realized social system of production, exchange, distribution, and consumption of goods and services of a country or other area. A given economy is the end result of a process that involves its technological evolution, civilization's history and social organization, as well as its geography, natural resource endowment, and ecology, among other factors. These factors give context, content, and set the conditions and parameters in which an economy functions. An economy does not have to be a specific size. An economy can mean the economy of a city (local economy), a country (national economy) or the world as a whole (international economy), provided that it is involved in the production of goods and services.
http://en.wikipedia.org/wiki/Economy
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