Once interest reaches zero (in about six months)

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  • The Judge
    Confirmed User
    • Jan 2006
    • 1647
    #1

    Once interest reaches zero (in about six months)

    you will have to PAY to keep your money in the bank
    Tags: None
    • ADL Colin
      Too lazy to set a custom title
      • Feb 2001
      • 11929
      #2
      adjusted for inflation most people already are.


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        • GetSCORECash
          Confirmed User
          • Mar 2008
          • 5527
          #3
          HSBC is still offering over 3%.

          It's not a good time to have money parked in a Money Market Account, at these rates.
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            • Socks
              Confirmed User
              • May 2002
              • 8475
              #4
              Will we ever see 10-14% returns on normal investments again, in our lifetime?

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                • tranza
                  ICQ: 197-556-237
                  • Jun 2003
                  • 57559
                  #5
                  Originally posted by Socks
                  Will we ever see 10-14% returns on normal investments again, in our lifetime?
                  Sure, just invest abroad.

                  I'm just a newbie.

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                    • PMdave
                      Confirmed User
                      • Dec 2003
                      • 1517
                      #6
                      Originally posted by The Judge
                      you will have to PAY to keep your money in the bank
                      In Japan that's already the case for several years in several banks.

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                        • JFK
                          FUBAR the ORIGINATOR
                          • Jan 2002
                          • 67369
                          #7
                          Originally posted by PMdave
                          In Japan that's already the case for several years in several banks.
                          it is the case here as well, dont fool yourself. What do you thing all those service charges are ? I got pissed off the other day, got my statement and got dinged for a "Cash deposit fee" If I deposit over a certain amount of cash

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