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Will Dim Sum Bonds Flourish Under a Trump Administration?

What are Dim Sum Bonds?  (also called Panda Bonds) Dim Sum bonds, also known as Panda Bonds, are bonds that are issued outside of China (typically in Hong Kong or London) that are denominated in Chinese currency (called renminbi or yuan).  The communist Chinese government tightly control its own bond market and does not allow…

Like to gamble but hate losing money? Try a Prize-Linked Savings Account

  Prize-linked savings accounts (PLSAs) are popular in quite a few countries like the UK, Brazil, Germany, and Japan.  The concept is pretty simple.  You save money by depositing it in a savings account or certificate of deposit.  The bank or credit union then randomly awards prizes to account holders.  The prizes may be small, like…

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