More on Lee’s Hypothesis

Paypal says:

Transfer money into your PayPal Money Market account and earn the #1 Money Market prime retail yield as ranked out of 297 investment companies. Currently, you can earn 1.00%*!

I spent 15 seconds looking and CNN Money showed me 14 money market funds currently earning between 1 and 2% interest. I’m not sure I could find 297 investment companies, much less 297 offering less than 1%. Paypal is lying.

Leave a Comment

Do not write "http://" in your comment, it will be blocked. It may take a few days for me to manually approve your first comment.

You can edit your comment after submitting it.