What's a "savings account on a disk"?
"How many of you have savings accounts?" asked Jacqueline Metsma of TrueNorth in Pittsfield, Mass.
Among a small group of junior high school students, was a girl who replied, "I have a savings account on a disk."
On a disk? What did she mean?
Jackie cracked the riddle. The girl had a certificate of deposit -- a CD.
I heard this story from Jackie at the annual conference of the Financial Planning Association of Massachusetts yesterday.
Among a small group of junior high school students, was a girl who replied, "I have a savings account on a disk."
On a disk? What did she mean?
Jackie cracked the riddle. The girl had a certificate of deposit -- a CD.
I heard this story from Jackie at the annual conference of the Financial Planning Association of Massachusetts yesterday.
Labels: investment
posted by Susan Weiner, CFA at 1:40 PM
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