Not exact matches
Money market funds are a way of avoiding the high expenses of banks, and offer
savers a
decent rate of return.
The reality is that, after the Federal Reserve has set and kept its benchmark short term rate to near zero for more than four years, there aren't many banks that offer savings accounts that would let
savers earn a
decent return for their hard earned
money.
China has low interest rates for
savers, so many Chinese turn to Wealth Management Products in order to earn something
decent on their
money.