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What Your Bank Doesn't Want You to Know : About Where to Invest Your Money

By Lillian R. Villanova

Book Id: WPLBN0002118089
Format Type: PDF (eBook)
File Size: 0.50 MB
Reproduction Date: 4/4/2002

Title:	What Your Bank Doesn't Want You to Know : About Where to Invest Your Money
Author:	Lillian R. Villanova
Volume:
Language:	English
Subject:	Non-Fiction, General Works (Periodicals, Series, idexes, Almanacs, etc.), Investment
Collections:	Education, Authors Community, Most Popular Books in China
Historic Publication Date:	2002
Publisher:	1St Books Library

Member Page:	Lillian Villanova
Citation APA MLA Chicago Villanova, L. R. (2002). What Your Bank Doesn't Want You to Know : About Where to Invest Your Money. Retrieved from http://www.gutenberg.us/

Description
It’s time to step out of the box and shift your paradigm. It’s time to put everything you know about a high rate of return being equal to high risk to the side. What I’m about to tell you could turn the way you think about investing upside down. Are you open-minded to new ways of thinking? Are you ready to step out of the box? Ever think about how banks and insurance companies invest their money? Ever think about how much money they make on your savings or insurance premiums? We all know that basically, they invest that money so as to earn more than they are paying you. What most people don’t know is that, for decades, banks, insurance companies and other financial institutions have been making Tax Defaulted Paper part of their investment portfolios. Banks and other institutional investors enjoy high yield returns on their money, many times using the capital provided by the small investor, such as you and I. In exchange for the use of that capital, they pay interest rates that ar