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FAIR Canada Issues Report on Money Market Funds: Canadians Losing Out on $300-$500 Million (Marketwire) TORONTO, ONTARIO--(Marketwire - March 11, 2010) - FAIR Canada today issued a 21-page report today entitled "Canadian Money Market Funds - Zero Returns " (the Report). More . . . FAIR Canada Issues Report on Money Market Funds: Canadians Losing Out on $300-$500 Million (Marketwire via Yahoo! Finance) TORONTO, ONTARIO--(Marketwire - 03/11/10) - FAIR Canada today issued a 21-page report today entitled "Canadian Money Market Funds - Zero Returns" (the Report). Most Money Market Funds (MMFs) not making money. The Report found that Canadians hold $56 billion in money market funds earning almost nothing. In the six months to year end 2009, the average Canadian MMF earned just 0.02% after costs ... More . . . Talking Money: Now’s the time to prepare for rising interest rates (Richmond Times-Dispatch) If you have a variable-rate credit card, or an adjustable-rate mortgage, or a savings account, you’ve likely noticed that throughout this recession, your interest rates have gone down—in some cases, by quite a bit. That’s a good thing when it comes to the money you borrow, but a bad thing when it comes to the money you save. Even the best savings accounts aren’t paying much more than 1 percent ... More . . . How Much Money Should You Raise? (Inc Magazine) The appetizer approach to raising funds. Mark Suster proposes the rule of hors d'oeuvres to decide how much money your company should raise. The idea is that it's bad form to take the entire hors d'oeuvres tray, but it's probably a good idea to take two servings (in case the tray doesn't come around for awhile). In other words, if an investor offers you more money than you think you need, but ... More . . . Cash Isa savers miss out on £1,200 a year (Daily Telegraph) Isa savers could be missing out on more than £1,200 of interest payments a year by keeping their money in poorly paying accounts. More . . . Pletschet: Covering old ground for readers one more time (Contra Costa Times) A message to readers: To the best of my ability, I try to answer your financial questions and allay your concerns about investing your money. I have no problem if the query has broad application, making it acceptable fodder for a column. More . . . Next Movie Trading Mogul: Kid Next Door? (ABC News) Teens across the country have been exposed to the idea of film-based financial markets through the Hollywood Stock Exchange, a 14-year-old virtual entertainment market. With two new real movie markets poised to launch this year, will teenagers decide to try the real thing? Hollywood Stock Exchange - Business - Investing - Stocks and Bonds - Film More . . . 529 plans beat Coverdell accounts for K-12 (Bankrate.com via Yahoo! Finance) Coverdell accounts can't be used for K-12 costs after 2010, making 529 plans your best bet. More . . . Best Ways to Establish Credit (Fox News) Here's a look at cards that help people to establish a positive credit history. More . . . Bank of America Will Help Customers Avoid Overdrawing Accounts (PR Newswire via Yahoo! Finance) As part of its commitment to provide more control, choice and clarity for its customers, Bank of America today announced that beginning this summer it will only authorize single debit card transactions at the point of sale if a customer has enough money in their account at the time. More . . . Advertise on this page
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