And getting twenty grand interest because of the federal subsidized rates. Our economic policy sure nails those that have saved their money. Talk about sending the wrong message.
Imagine having $1,000,000.00 in the bank ......
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oh someone just sent me 1000000$ in epassporte by mistake
haahaha
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No surprise. Investors have to take more risk and assume a more active role to get the big returns.Comment
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this is actually a good thing - it'll stimulate the people to get their money out of the banks and hopefully inject them into the economy
teh moment you are dissapointed with the interest you get from your bank you'll start looking into other ways to make your money work for you - starting your own business, investments, you name itComment
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From April 1st of 07 thru yesterday the Dow shows a slight loss, does anyone really think the next 12 months will be any better?this is actually a good thing - it'll stimulate the people to get their money out of the banks and hopefully inject them into the economy
teh moment you are dissapointed with the interest you get from your bank you'll start looking into other ways to make your money work for you - starting your own business, investments, you name itComment
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Who would keep 1 million in the bank when that is way above what the FDIC will even ensure. Sounds like a fool to me and we know what everyone says about a fool and their money.Comment
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That is kinda sending the save and not spend message.Business Development VR/Game/Web
[email protected]Comment
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If you split it up $100,000 per bank you are OK.
Not that it would be a smart thing to do anyway.Comment
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That's true.. And then people will probably be dissapointed again, and again move to their banks. And meanwhile, state is taxingthis is actually a good thing - it'll stimulate the people to get their money out of the banks and hopefully inject them into the economy
teh moment you are dissapointed with the interest you get from your bank you'll start looking into other ways to make your money work for you - starting your own business, investments, you name it
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But hey, I live in a good country with very good social services so I don't really care.Comment
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OK, rephrased to sound more investment savvy ... $1,000,000.00 in liquid assets.
And no one keeps it all in one account. And few fools accumulate that kind of asset, do they?Comment
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Just look around a bit. Ing is 3.35% on savings. Federally insured mtge backed securities are like 5.5%. I am with you. I did not have the size of your problem but it was still big cash and nowhere to go. Bought some real estate and put some in the market. All green now and I put it in a month a go.Comment
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And folks tons of people make that kind of money and have no clue what to do with it. You think all of the guys who got early into porn learned what good investments were by running their TGP's? Making money and investing money are usually two different skill sets.Comment
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One word: Equities.
(All the non-investors are scratching their foreheads. Huuuuuuh, whats that?!!?)
Stocks, niggas.Comment





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