http://www.incomeinvesthome.com/fixed/passbook/index.htm Passbook savings accounts offer the very lowest return on your investment, but they are convenient, and many people know nothing else. en-us Tue, 29 Jan 2008 04:00:00 GMT Tue, 29 Jan 2008 04:00:00 GMT http://www.rssboard.org/rss-specification Weblog Editor 2.0 goldegg2008@gmail.com (Richard Stooker) goldegg2008@gmail.com (Richard Stooker) Copyright 2008 by Richard Stooker and Gold Egg Investing LLC http://www.incomeinvesthome.com/fixed/passbook/passbook.htm "Saving money" used to mean putting money into an old-fashioned passbook savings account. Now they're good only as a reserve for your personal checking account. Tue, 29 Jan 2008 04:00:00 GMT http://www.incomeinvesthome.com/fixed/passbook/passbook.htm http://www.incomeinvesthome.com/fixed/passbook/benefits.htm Yes, there are benefits to regular savings accounts, though a high rate of return is not one of them. Tue, 29 Jan 2008 04:00:00 GMT http://www.incomeinvesthome.com/fixed/passbook/benefits.htm http://www.incomeinvesthome.com/fixed/passbook/risks.htm Every type of investment carries some form of risk. That's true even of regular bank passbook accounts. Tue, 29 Jan 2008 04:00:00 GMT http://www.incomeinvesthome.com/fixed/passbook/risks.htm http://www.incomeinvesthome.com/fixed/passbook/bad.htm Passbook Savings accounts at your local bank are better than not saving money at all, but they're far from the best investment. Tue, 29 Jan 2008 04:00:00 GMT http://www.incomeinvesthome.com/fixed/passbook/bad.htm http://www.incomeinvesthome.com/fixed/passbook/use.htm How to use passbook savings accounts -- the one time they're useful. Tue, 29 Jan 2008 04:00:00 GMT http://www.incomeinvesthome.com/fixed/passbook/use.htm