In a previous article we wrote about a Passive Investment option known as Money Market Funds, which you can check out here if you have not. In this article, we want to bring to light another passive investment option known as Commercial Papers. Of course, they are passive in that after making the investment you do not require any further activity or work for them to yield interest or dividends for you. Essentially, your money works for you. So we ask again like in our previous article, do you have some idle funds sitting in your bank accounts or under your bed for several weeks or months? Are you saving up for a project in a few months and just piling it up in a bank account? That six months savings you have been told to set aside to serve as emergency fund in case of loss of your job or something else, do you have it lying idle somewhere? If your answer is positive then you might want to consider Commercial Papers. What are Commercial Papers? Commercial papers are...
- Get link
- X
- Other Apps