
U203-F Display
Features:
8 digits volume,8 digits sales,6 digits price per unit
1.2”LCD yellow backlight
running normally on the condition of -40 C to 55 C
broad sight scope from all directions
Current:600 mA
100% Factory Tested.
Packing:
Weight:
Dimension :
300g/case of 1 120×253×26mm/case of 1
we are committed to create the best workplace, encourage our staffs to put their own personalities into their jobs, and provide them a stage to show themselves.
uals are taking on more financial responsibility, not least in providing for their old age. Maybe
they should be better prepared
WHEN IBM announced an overhaul of its pension plan for employees in America last week, it joined a para fuel dispenser de of
employers tha fuel dispenser t are shifting more responsibility for saving for retirement on to workers. For many Americans, of
course, this is nothing new millions of them have been managing their retirement assets in individual accounts for
years (see chart 1). Nevertheless, in both America and Britain the closure of paternalistic corporate “defined
benefit?programmes, in which pensions depend on earnings and years of service, is accelerating—even at healthy
companies such as IBM (see article).
To the extent that this creates and encourages individual choice and
responsibility, it is something to welcome rather than to fear. Many other
countries, facing huge state-pension obligations, would also like to see
their citizens assume a bigger role in providing for their own retirement.
Even so, the trend raises an important question how much do people
due to take on these new responsibilities know about basic financial
concepts?
The answer fuel dispenser seems to be not much, and less than they think they do.
Studies show that many people overestimate their knowledge of
everything from inflation to risk diversification and compound interest.
One survey in Australia found that 37% of people who owned
investments did not know that they could fluctuate in value. In America
31% did not know that the finance charge on a credit-card statement is
what they pay to use credit. Britain s Financial Services Authority will
release the results of its own survey on financial literacy in the next
month or two.
Even educated professionals may know the basics but see no need to
keep up to date—having no idea of the interest rates on their credit
cards, the fees on their mutual funds or how their investments are doing.
But in both America and Britain low personal saving rates (negati