Celebrities savvy with savings

Watch out for city slickers

Andy Borowitz
Comedian and creator of "The Fresh Prince of Bel-Air"

Bankrate: Is there a good way to get rich quickly?

Andy Borowitz: I generally think there's no great get-rich-quick scheme out there. People get very excited about hedge funds because they hear about them doing 700 percent in one year, and I think those would be the exceptions. I'm from Ohio, and I basically consider myself something of a hick or a rube. So I have to be especially cautious that I don't get tricked by city slickers. I think things like index funds, municipal bonds and money market funds are good.


Lesson learned: Forget get-rich-quick schemes and go for the tried and true.

Show Bankrate's community sharing policy
          Connect with us

Learn the latest trends that will help grow your portfolio, plus tips on investing strategies. Delivered weekly.

Ask Dr. Don

Are my savings bonds safe?

Dear Dr. Don, I have approximately $20,000 in savings bonds. Given the state of the U.S. economy, should I cash them in? How safe are they if the economy tanks, the U.S. goes bankrupt or the country gets a serious credit... Read more

Partner Center

Connect with us