Quote:
Originally Posted by suesheboy
I may spend $2,000 in cash in a year. I charge hundreds of thousands a year for anything form a can of soda to my insurance. My Banks have my cash that makes me money, I pay my bills every month on time so I make money on the float. I get between 1% and 4% refunded to me in cash for every dollar I charge (screw air miles).
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If you rely on making money by keeping it in the bank you are an idiot.
Properly invested money would make you 500% of what you're making from keeping it in the bank (ever wonder why banks pay people interest on money? because they make so much more on it)
Quote:
Originally Posted by suesheboy
I am not just referring to gambling in supporting illegal activities but money laundering and tax evasion as well.
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Every fucking bank does that. Don't be so naive.
Quote:
Originally Posted by suesheboy
What dickwad would have to spend 22,000 in cash they get from an ATM worldwide if that COSTS them money rather than earns the money(see paragraph 1)?
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You earn money only if you keep it in the bank untouched.
I'd rather invest it in some business project or have an option of draining my account in two days through the ATMs if the shit hits the fan.