INVESTMENTS: How to Save a Buck

Up to a Georgia schoolhouse one day last week drove a salesman named John Stacy Cotter. "Most people want to save," he told Teacher Elizabeth Burke, "but most people don't save. I can show you how." Salesman Cotter had no promises of big returns to offer: if Teacher Burke would pay $16.70 a month for twenty years—a total of $4,008—she would get back $5,000. Teacher Burke would earn only 1.91% interest on her money, far less than on a Government bond. Moreover, if Teacher Burke quit the plan before ten 'years, she could not even get out as much...

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