Put your $100k in bank for 1 month. how much will u earn in your country ?

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  • B.Diker
    Confirmed User
    • Oct 2001
    • 1286
    #1

    Put your $100k in bank for 1 month. how much will u earn in your country ?

    Hello dudes.

    let's say you have $100k and you put it into a bank account for 1 month to earn some profit from it.

    how much you can make from your 100k in just 1 month ?


    I'll tell what i earn soon you let me know pls
    Tags: None
    • gornyhuy
      Chafed.
      • May 2002
      • 18041
      #2
      In the US you won't earn shit in the bank.

      icq:159548293

        Comment

        • Fake Nick
          So Fucking Banned
          • Jul 2004
          • 7708
          #3

            Comment

            • axelcat
              Adult Locals
              • Jun 2002
              • 25450
              #4
              less than 1% a month

                Comment

                • liquidmoe
                  Confirmed User
                  • Mar 2002
                  • 4994
                  #5
                  I got like $30 or something off of $30K, so it will probably come out to $100 for 100K, dont go blow it all in one place now.

                  Take Luck!

                    Comment

                    • 80smetal
                      Registered User
                      • Jun 2004
                      • 505
                      #6
                      4% not reg bank though

                        Comment

                        • Fred Quimby
                          Confirmed User
                          • Jul 2004
                          • 5430
                          #7
                          Originally posted by axelcat
                          less than 1% a month
                          try less than 1 % per year in a bank mmkt

                            Comment

                            • B.Diker
                              Confirmed User
                              • Oct 2001
                              • 1286
                              #8
                              wow so little earnings there
                              put your money into my bank and for 100k$
                              you'll earn back 1410$ while sitting
                              in just 1 month

                                Comment

                                • donnie
                                  Confirmed User
                                  • Jan 2003
                                  • 1630
                                  #9
                                  Originally posted by B.Diker
                                  wow so little earnings there
                                  put your money into my bank and for 100k$
                                  you'll earn back 1410$ while sitting
                                  in just 1 month
                                  Bank in Turkey??

                                    Comment

                                    • Theo
                                      HAL 9000
                                      • May 2001
                                      • 34515
                                      #10
                                      what's the inflation rate?

                                        Comment

                                        • B.Diker
                                          Confirmed User
                                          • Oct 2001
                                          • 1286
                                          #11
                                          Originally posted by B.Diker
                                          wow so little earnings there
                                          put your money into my bank and for 100k$
                                          you'll earn back 1410$ while sitting
                                          in just 1 month

                                          not my own bank ofcourse

                                            Comment

                                            • wdsguy
                                              Ryde or Die
                                              • Dec 2002
                                              • 19568
                                              #12
                                              not enuff to beat the inflation rate

                                                Comment

                                                • B.Diker
                                                  Confirmed User
                                                  • Oct 2001
                                                  • 1286
                                                  #13
                                                  Originally posted by donnie
                                                  Bank in Turkey??
                                                  yeah a bank in Turkey
                                                  the rates are around %21/year

                                                  for big cash owners, it makes really good profit
                                                  think you have 1m in the bank and then nearly 14k/month is yours
                                                  not need to work,nothing
                                                  an easy life
                                                  but ofcourse it's a problem to get the level of 1m

                                                  and hey ofcourse i know if you invest your 1m into a good solution which works you can even earn 50-60k/month but if you want just easy money, that's it

                                                    Comment

                                                    • polish_aristocrat
                                                      Too lazy to set a custom title
                                                      • Jul 2002
                                                      • 40377
                                                      #14
                                                      Originally posted by B.Diker
                                                      not my own bank ofcourse
                                                      Seriously...what country....?
                                                      I don't use ICQ anymore.

                                                        Comment

                                                        • B.Diker
                                                          Confirmed User
                                                          • Oct 2001
                                                          • 1286
                                                          #15
                                                          it's Turkey

                                                          about the inflation
                                                          last year's 100$ is now less or more 96$ or so
                                                          not too bad i think

                                                            Comment

                                                            • Theo
                                                              HAL 9000
                                                              • May 2001
                                                              • 34515
                                                              #16
                                                              last year turkey had 25% inflation, so the $100 to $96 is more like $100 to $75

                                                                Comment

                                                                • stocktrader23
                                                                  Let's do some business.
                                                                  • Jan 2003
                                                                  • 18781
                                                                  #17
                                                                  Originally posted by Soul_Rebel
                                                                  last year turkey had 25% inflation, so the $100 to $96 is more like $100 to $75
                                                                  Still, 14% monthly would trump that over and over.

                                                                  Edit: 14% a month would turn 100k into $480,000 in a year if you made no withdrawals.


                                                                  Why is their interest rate so high?
                                                                  Last edited by stocktrader23; 09-30-2004, 01:52 PM.


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                                                                    Comment

                                                                    • Theo
                                                                      HAL 9000
                                                                      • May 2001
                                                                      • 34515
                                                                      #18
                                                                      that's 1.4% not 14% per month

                                                                      "think you have 1m in the bank and then nearly 14k/month "

                                                                      nobody got a macro class here? :-)

                                                                        Comment

                                                                        • stocktrader23
                                                                          Let's do some business.
                                                                          • Jan 2003
                                                                          • 18781
                                                                          #19
                                                                          Originally posted by Soul_Rebel
                                                                          that's 1.4% not 14% per month

                                                                          "think you have 1m in the bank and then nearly 14k/month "

                                                                          nobody got a macro class here? :-)
                                                                          Fuck I'm getting old! I never do that shit.

                                                                          Shoot me please.


                                                                          Hands Free Adult - Join Once, Earn For Life

                                                                          "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

                                                                            Comment

                                                                            • Fred Quimby
                                                                              Confirmed User
                                                                              • Jul 2004
                                                                              • 5430
                                                                              #20
                                                                              Originally posted by Soul_Rebel
                                                                              last year turkey had 25% inflation, so the $100 to $96 is more like $100 to $75
                                                                              no it's inflation,,,not deflation.

                                                                              at 25% inflation it costs $125 for the same item that was $100 last year.

                                                                              $100/$125 = .8 or 80%

                                                                              So 25% inflation on $100 last year is worth $80 now.

                                                                                Comment

                                                                                • SmokeyTheBear
                                                                                  ►SouthOfHeaven
                                                                                  • Jun 2004
                                                                                  • 28609
                                                                                  #21
                                                                                  Bank of bud , double your 100k every month.. no tax.

                                                                                  bank of bud also lends out 100k no questions asked for 400% interest per month
                                                                                  hatisblack at yahoo.com

                                                                                    Comment

                                                                                    • B.Diker
                                                                                      Confirmed User
                                                                                      • Oct 2001
                                                                                      • 1286
                                                                                      #22
                                                                                      not per month dude it's per year
                                                                                      with 100k you can get back max 21-23k in one year.

                                                                                      i wish it could be possible to earn 450k from 100k in just one year

                                                                                      btw there are many chinese and japanese brokers who put their money into Turkish bank's and earn like mads
                                                                                      Last edited by B.Diker; 09-30-2004, 01:59 PM.

                                                                                        Comment

                                                                                        • stocktrader23
                                                                                          Let's do some business.
                                                                                          • Jan 2003
                                                                                          • 18781
                                                                                          #23
                                                                                          Originally posted by B.Diker
                                                                                          not per month dude it's per year
                                                                                          with 100k you can get back max 21-23k in one year.

                                                                                          i wish it could be possible to earn 450k from 100k in just one year

                                                                                          btw there are many chinese and japanese brokers who put their money into Turkish bank's and earn like mads
                                                                                          Well I'd stick some money in there if everything looks good. Reading on it now.


                                                                                          Hands Free Adult - Join Once, Earn For Life

                                                                                          "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

                                                                                            Comment

                                                                                            • Theo
                                                                                              HAL 9000
                                                                                              • May 2001
                                                                                              • 34515
                                                                                              #24
                                                                                              Fred Quimby, yes it's inflation but i was reffering to the real value of turkish lira compared to US currency.


                                                                                              When inflation is high, investors request higher interest rate to lend their money due to risk. The govt usually borrows from the local banks with high interest rates and avoids to take loans from foreign banks. There is some profit to be made, but the margin is small if you see all the factors and the risk is there. Two years ago or so turkish lira was depricated big time within a day; which means if you had any profit it was gone for good.

                                                                                                Comment

                                                                                                • dig420
                                                                                                  Confirmed User
                                                                                                  • May 2001
                                                                                                  • 9240
                                                                                                  #25
                                                                                                  haven't you ever seen Midnight Express?

                                                                                                  you can't trust a turk.

                                                                                                    Comment

                                                                                                    • B.Diker
                                                                                                      Confirmed User
                                                                                                      • Oct 2001
                                                                                                      • 1286
                                                                                                      #26
                                                                                                      Originally posted by dig420
                                                                                                      haven't you ever seen Midnight Express?

                                                                                                      you can't trust a turk.
                                                                                                      do not speak for all of the Turks, man . . .
                                                                                                      i dont wanna argue about it
                                                                                                      i am a Turk
                                                                                                      yes and i am currently working and worked with more than 300 affiliates for my program. they trusted me and now they are royal clients. if everyone could be like everyone then there would not such a thing like world.

                                                                                                      most of the people thinks Turkish guys are all with beard, they have no girls, they are hungry for girls and all girls wearing black suits, not even people can see their face etc.
                                                                                                      all of them are wrong
                                                                                                      ofcourse there are such people but too little. dont mix the Turks with the Kurds
                                                                                                      Last edited by B.Diker; 09-30-2004, 02:14 PM.

                                                                                                        Comment

                                                                                                        • scoreman
                                                                                                          Confirmed User
                                                                                                          • Nov 2001
                                                                                                          • 1491
                                                                                                          #27
                                                                                                          probably around $40.00

                                                                                                          no shit


                                                                                                          .5% =500 per year= 41 and change per month.

                                                                                                          BLING BLING

                                                                                                            Comment

                                                                                                            • Nicky
                                                                                                              Too lazy to set a custom title
                                                                                                              • Mar 2003
                                                                                                              • 30071
                                                                                                              #28
                                                                                                              around $ 150 here in sweden......

                                                                                                              gfynicky @ gmail.com

                                                                                                                Comment

                                                                                                                • Basic_man
                                                                                                                  Programming King Pin
                                                                                                                  • Oct 2003
                                                                                                                  • 27360
                                                                                                                  #29
                                                                                                                  Originally posted by gornyhuy
                                                                                                                  In the US you won't earn shit in the bank.
                                                                                                                  Rofl man ! I saved your sig :D
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                                                                                                                    • Mr-No
                                                                                                                      Confirmed User
                                                                                                                      • Oct 2001
                                                                                                                      • 698
                                                                                                                      #30
                                                                                                                      Originally posted by Soul_Rebel
                                                                                                                      Fred Quimby, yes it's inflation but i was reffering to the real value of turkish lira compared to US currency.


                                                                                                                      When inflation is high, investors request higher interest rate to lend their money due to risk. The govt usually borrows from the local banks with high interest rates and avoids to take loans from foreign banks. There is some profit to be made, but the margin is small if you see all the factors and the risk is there. Two years ago or so turkish lira was depricated big time within a day; which means if you had any profit it was gone for good.
                                                                                                                      Exactly...
                                                                                                                      And not only that...
                                                                                                                      I think that those rates (e.g. 21% per year, 1.4% per month), aren't for USD, they are for Turkish Lira, so you will lose if you want to convert currency to Lira and after from Lira to USD (except, of course if you use black market)... So for small amount of money and short period you will not get enough money regarding to risk...
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                                                                                                                        Comment

                                                                                                                        • B.Diker
                                                                                                                          Confirmed User
                                                                                                                          • Oct 2001
                                                                                                                          • 1286
                                                                                                                          #31
                                                                                                                          Originally posted by Nicky
                                                                                                                          around $ 150 here in sweden......

                                                                                                                          sweden is the country i wanna see

                                                                                                                          this year when i went to Malta islands there were many girls from Sweden
                                                                                                                          they were nearly all great !!! and cute ;) all blonde
                                                                                                                          wow i like it hehe
                                                                                                                          i'll surely visit this country

                                                                                                                            Comment

                                                                                                                            • B.Diker
                                                                                                                              Confirmed User
                                                                                                                              • Oct 2001
                                                                                                                              • 1286
                                                                                                                              #32
                                                                                                                              Originally posted by Mr-No
                                                                                                                              Exactly...
                                                                                                                              And not only that...
                                                                                                                              I think that those rates (e.g. 21% per year, 1.4% per month), aren't for USD, they are for Turkish Lira, so you will lose if you want to convert currency to Lira and after from Lira to USD (except, of course if you use black market)... So for small amount of money and short period you will not get enough money regarding to risk...
                                                                                                                              yeah
                                                                                                                              you earn this money in Turkish Lira ofcourse

                                                                                                                              100k$ worth of Turkish Lira can make you earn
                                                                                                                              2400$ worth of Turkish lira

                                                                                                                              it means with the Turkish lira you earn back you can buy 2400$ so you have no loss, and have a profit at all.

                                                                                                                              Turkish lira is so funny dudes
                                                                                                                              100k$ = 151,000,000,000 Turkish lira.
                                                                                                                              but thanks God that we are getting rid of these last 6 digits in the following months
                                                                                                                              so it wont be anymore funny
                                                                                                                              Last edited by B.Diker; 09-30-2004, 02:37 PM.

                                                                                                                                Comment

                                                                                                                                • NinjaSteve
                                                                                                                                  Too lazy to set a custom title
                                                                                                                                  • Dec 2003
                                                                                                                                  • 11089
                                                                                                                                  #33
                                                                                                                                  If you put in an ingdirect account at 2% a year you'll make around $2k in a year. I don't know how the interest compounds, but that's $166 a month if divided by 12.
                                                                                                                                  ...

                                                                                                                                    Comment

                                                                                                                                    • B.Diker
                                                                                                                                      Confirmed User
                                                                                                                                      • Oct 2001
                                                                                                                                      • 1286
                                                                                                                                      #34
                                                                                                                                      Originally posted by NinjaSteve
                                                                                                                                      If you put in an ingdirect account at 2% a year you'll make around $2k in a year. I don't know how the interest compounds, but that's $166 a month if divided by 12.
                                                                                                                                      not so good as it seems

                                                                                                                                        Comment

                                                                                                                                        • stocktrader23
                                                                                                                                          Let's do some business.
                                                                                                                                          • Jan 2003
                                                                                                                                          • 18781
                                                                                                                                          #35
                                                                                                                                          Originally posted by B.Diker
                                                                                                                                          not so good as it seems
                                                                                                                                          From what I've read the banks handling Lira can go under at any time and 1 dip in the currency and you lose more than you earned.

                                                                                                                                          I think I'll pass.


                                                                                                                                          Hands Free Adult - Join Once, Earn For Life

                                                                                                                                          "I try to make a habit of bouncing my eyes up to the face of a beautiful woman, and often repeat “not mine” in my head or even verbally. She’s not mine. God has her set aside. She’s not mine. She’s His little girl, and she needs me to fight for her by keeping my eyes where they should be."

                                                                                                                                            Comment

                                                                                                                                            • CAHEK
                                                                                                                                              C.C.C.P.
                                                                                                                                              • Aug 2003
                                                                                                                                              • 7433
                                                                                                                                              #36
                                                                                                                                              0$
                                                                                                                                              Pharma from True-Meds. High converting shop in Europe and USA, fast payouts via BTC !!!

                                                                                                                                              Make Europe Poor Again (MEPA)

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                                                                                                                                                • Ross
                                                                                                                                                  Ik ben een aap
                                                                                                                                                  • Sep 2002
                                                                                                                                                  • 18874
                                                                                                                                                  #37
                                                                                                                                                  Originally posted by dig420
                                                                                                                                                  haven't you ever seen Midnight Express?

                                                                                                                                                  you can't trust a turk.
                                                                                                                                                  Turkish people are very nice! I went to Kusadasei in July and I loved it. I'm defo going back to Turkey in the next 12 months

                                                                                                                                                  My dad loves it also, he goes there on Holiday with his fiancee and their kids every year! He's thinking of buying a house out there now...

                                                                                                                                                    Comment

                                                                                                                                                    • B.Diker
                                                                                                                                                      Confirmed User
                                                                                                                                                      • Oct 2001
                                                                                                                                                      • 1286
                                                                                                                                                      #38
                                                                                                                                                      Originally posted by stocktrader23
                                                                                                                                                      From what I've read the banks handling Lira can go under at any time and 1 dip in the currency and you lose more than you earned.

                                                                                                                                                      I think I'll pass.
                                                                                                                                                      yeah if the curreny goes down too much
                                                                                                                                                      you lose some money

                                                                                                                                                      years ago the usd dollar doubled at just 1 night
                                                                                                                                                      people earned like mads and the ones who had debts in usd curreny lost shitloads of money

                                                                                                                                                        Comment

                                                                                                                                                        • Socks
                                                                                                                                                          Confirmed User
                                                                                                                                                          • May 2002
                                                                                                                                                          • 8475
                                                                                                                                                          #39
                                                                                                                                                          how quickly and easily can you get your money back after you give it to them?

                                                                                                                                                            Comment

                                                                                                                                                            • rowan
                                                                                                                                                              Too lazy to set a custom title
                                                                                                                                                              • Mar 2002
                                                                                                                                                              • 17393
                                                                                                                                                              #40
                                                                                                                                                              www.ingdirect.com

                                                                                                                                                              If you ignore currencies and only go on the %age, you'll make $US437.50 (5.25%) in a month. This account calculates interest daily and pays monthly, so it compounds. If you leave the account untouched for a year then the effective rate is 5.38%

                                                                                                                                                              This account is 'online' which means you transfer funds electronically. No fees so it's a true interest rate.

                                                                                                                                                                Comment

                                                                                                                                                                • B.Diker
                                                                                                                                                                  Confirmed User
                                                                                                                                                                  • Oct 2001
                                                                                                                                                                  • 1286
                                                                                                                                                                  #41
                                                                                                                                                                  Originally posted by Ross
                                                                                                                                                                  Turkish people are very nice! I went to Kusadasei in July and I loved it. I'm defo going back to Turkey in the next 12 months

                                                                                                                                                                  My dad loves it also, he goes there on Holiday with his fiancee and their kids every year! He's thinking of buying a house out there now...

                                                                                                                                                                  there are bad people in every country, some people just say all Turks are bad, not true to tell it.


                                                                                                                                                                  anyone before judge the Turks first meet with me, come to Turkey, visit the places and then you decide again

                                                                                                                                                                  btw thanks for your words Ross

                                                                                                                                                                    Comment

                                                                                                                                                                    • Furious_Male
                                                                                                                                                                      Doing the grind since 99
                                                                                                                                                                      • Oct 2003
                                                                                                                                                                      • 16884
                                                                                                                                                                      #42
                                                                                                                                                                      Money market accounts suck in the US as already mentioned. Better off putting it all on red.
                                                                                                                                                                      Living in Virtual Reality
                                                                                                                                                                      Contact: Email (preferred): furiousmale .at. gmail - Skype: live:shanedws

                                                                                                                                                                        Comment

                                                                                                                                                                        • B.Diker
                                                                                                                                                                          Confirmed User
                                                                                                                                                                          • Oct 2001
                                                                                                                                                                          • 1286
                                                                                                                                                                          #43
                                                                                                                                                                          Originally posted by Socks
                                                                                                                                                                          how quickly and easily can you get your money back after you give it to them?
                                                                                                                                                                          we are talking about big banks here. not just offshore banks.
                                                                                                                                                                          you put your money wait 1 month and you get the profit
                                                                                                                                                                          u can withdraw the money anytime you want.

                                                                                                                                                                          you know HSBC, it's a huge bank all over the world. even with using this bank you can have the same profit more or less

                                                                                                                                                                            Comment

                                                                                                                                                                            • B.Diker
                                                                                                                                                                              Confirmed User
                                                                                                                                                                              • Oct 2001
                                                                                                                                                                              • 1286
                                                                                                                                                                              #44
                                                                                                                                                                              Originally posted by rowan
                                                                                                                                                                              www.ingdirect.com

                                                                                                                                                                              If you ignore currencies and only go on the %age, you'll make $US437.50 (5.25%) in a month. This account calculates interest daily and pays monthly, so it compounds. If you leave the account untouched for a year then the effective rate is 5.38%

                                                                                                                                                                              This account is 'online' which means you transfer funds electronically. No fees so it's a true interest rate.
                                                                                                                                                                              just came in my mind
                                                                                                                                                                              it's 1400$ for 100k . the tax is already deducted.

                                                                                                                                                                                Comment

                                                                                                                                                                                • raster
                                                                                                                                                                                  Confirmed User
                                                                                                                                                                                  • Aug 2003
                                                                                                                                                                                  • 784
                                                                                                                                                                                  #45
                                                                                                                                                                                  Originally posted by B.Diker
                                                                                                                                                                                  wow so little earnings there
                                                                                                                                                                                  put your money into my bank and for 100k$
                                                                                                                                                                                  you'll earn back 1410$ while sitting
                                                                                                                                                                                  in just 1 month
                                                                                                                                                                                  How about naming some of the bigger banks preferably with websites that how such great rates in Turkey.

                                                                                                                                                                                  I used to know someone who invested in African banks, made a killing. But at the same time, he ended up losing a lot of money due to fraud of one of the banks he placed his money in.

                                                                                                                                                                                    Comment

                                                                                                                                                                                    • B.Diker
                                                                                                                                                                                      Confirmed User
                                                                                                                                                                                      • Oct 2001
                                                                                                                                                                                      • 1286
                                                                                                                                                                                      #46
                                                                                                                                                                                      Originally posted by raster
                                                                                                                                                                                      How about naming some of the bigger banks preferably with websites that how such great rates in Turkey.

                                                                                                                                                                                      I used to know someone who invested in African banks, made a killing. But at the same time, he ended up losing a lot of money due to fraud of one of the banks he placed his money in.
                                                                                                                                                                                      HSBC

                                                                                                                                                                                      http://www.hsbc.com.tr

                                                                                                                                                                                      the name says all. does not it ?
                                                                                                                                                                                      if there is someone who cant trust HSBC then i have no words to say

                                                                                                                                                                                        Comment

                                                                                                                                                                                        • raster
                                                                                                                                                                                          Confirmed User
                                                                                                                                                                                          • Aug 2003
                                                                                                                                                                                          • 784
                                                                                                                                                                                          #47
                                                                                                                                                                                          Originally posted by B.Diker
                                                                                                                                                                                          HSBC

                                                                                                                                                                                          http://www.hsbc.com.tr

                                                                                                                                                                                          the name says all. does not it ?
                                                                                                                                                                                          if there is someone who cant trust HSBC then i have no words to say
                                                                                                                                                                                          Unfortunately I'm not fluent in Turkish. Do you have the url on their website where they quote 20% interest rates?

                                                                                                                                                                                          I'd like to run that page through a translation service.

                                                                                                                                                                                            Comment

                                                                                                                                                                                            • B.Diker
                                                                                                                                                                                              Confirmed User
                                                                                                                                                                                              • Oct 2001
                                                                                                                                                                                              • 1286
                                                                                                                                                                                              #48
                                                                                                                                                                                              http://www.finansbank.com

                                                                                                                                                                                              in 6 countries
                                                                                                                                                                                              big one also offers %20-22/year

                                                                                                                                                                                              to raster : about hsbc i did not search their site to check the interest rate page, i dont know if they have on their site
                                                                                                                                                                                              i work with Finansbank and they offer %21/year currently. not for USD ofcourse. for TL. but
                                                                                                                                                                                              if you calculate it (exchance etc) for 100k$ you can earn +-21k$ in a year.
                                                                                                                                                                                              in turkey usd curreny does not go up and down to much.
                                                                                                                                                                                              most of the banks here in Turkey offer nearly the same so i am sure HSBC offers something from %19 to %23

                                                                                                                                                                                                Comment

                                                                                                                                                                                                • tranza
                                                                                                                                                                                                  ICQ: 197-556-237
                                                                                                                                                                                                  • Jun 2003
                                                                                                                                                                                                  • 57559
                                                                                                                                                                                                  #49
                                                                                                                                                                                                  You will earn between 1.5 to 2% a month here in Brazil...
                                                                                                                                                                                                  I'm just a newbie.

                                                                                                                                                                                                    Comment

                                                                                                                                                                                                    • B.Diker
                                                                                                                                                                                                      Confirmed User
                                                                                                                                                                                                      • Oct 2001
                                                                                                                                                                                                      • 1286
                                                                                                                                                                                                      #50
                                                                                                                                                                                                      let me show you the example calculation.


                                                                                                                                                                                                      Currently 1$ = 1.495.350TL (bank buys) /// 1.508.615TL (bank sells)

                                                                                                                                                                                                      100k$ = 149.535.000.000
                                                                                                                                                                                                      you put it in your turkish money account and then
                                                                                                                                                                                                      wait for 1 month and they are going to add 2.116.432.356 extra money to your account.

                                                                                                                                                                                                      let's see how much US Dollars can you buy with this 2.116.432.356

                                                                                                                                                                                                      2.116.432.356TL / 1.508.615TL = 1402,89$ (tax deducted)

                                                                                                                                                                                                      USD is going up and down between 1.350.000TL - 1.550.000TL for more than last 6 months.
                                                                                                                                                                                                      Last edited by B.Diker; 09-30-2004, 05:43 PM.

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