Where would you put money if Negative Interest Rates?

Collapse
X
Collapse
 
  • Page of 1
  • Time
  • Show
Clear All
new posts
Previous template Next
  • lezinterracial
    Confirmed User
    • Jul 2012
    • 3117
    #1

    Where would you put money if Negative Interest Rates?

    Where would you put money if your banks had negative interest rates?

    Where the banks charge you to keep your money in the bank.
    Live Sex Shows
    Tags: None
    • L-Pink
      working on my tan
      • Mar 2005
      • 39151
      #2
      Right now the CD rates are almost zero anyway. If you're retired with cash you don't earn shit.

        Comment

        • darksoul
          Confirmed User
          • Apr 2002
          • 4997
          #3
          bitcoin or gold
          1337 5y54|)m1n: 157717888
          BM-2cUBw4B2fgiYAfjkE7JvWaJMiUXD96n9tN
          Cambooth

            Comment

            • lezinterracial
              Confirmed User
              • Jul 2012
              • 3117
              #4
              Originally posted by L-Pink
              Right now the CD rates are almost zero anyway. If you're retired with cash you don't earn shit.
              Yea, If there is some downtrend in the economy the Fed isn't gonna have anywhere to go except 1) buy more bonds again - they currently own 4 trillion 2) negative interest rates

              I don't like the idea of paying people to just hold my money. I am thinking of getting a safety deposit and putting cash in there. Rumors in Greece that banks are raiding the safety deposit boxes to fill the ATMs.

              If I pull my cash out and take the money home, There is the real problem of getting pulled over and the cops stealing my money.

              Blue chip stocks are already way over priced.
              Live Sex Shows

                Comment

                • Bladewire
                  StraightBro
                  • Aug 2003
                  • 56228
                  #5
                  Originally posted by lezinterracial
                  Yea, If there is some downtrend in the economy the Fed isn't gonna have anywhere to go except 1) buy more bonds again - they currently own 4 trillion 2) negative interest rates

                  I don't like the idea of paying people to just hold my money. I am thinking of getting a safety deposit and putting cash in there. Rumors in Greece that banks are raiding the safety deposit boxes to fill the ATMs.

                  If I pull my cash out and take the money home, There is the real problem of getting pulled over and the cops stealing my money.

                  Blue chip stocks are already way over priced.
                  Is Paypal an option?


                  Skype: CallTomNow

                    Comment

                    • lezinterracial
                      Confirmed User
                      • Jul 2012
                      • 3117
                      #6
                      Originally posted by Bladewire
                      Is Paypal an option?
                      I hadn't thought of that. That is a good idea. I could transfer a big portion to paypal.

                      I notice blue stock materials are relatively cheap (Dupont, Alcoa, BHP). But we are in middle of the building season and China is crashing right now. They may come down some more. I bought big into oil during the winter and oil is crashing during the summer driving season. I better just play it safe.
                      Live Sex Shows

                        Comment

                        • Bladewire
                          StraightBro
                          • Aug 2003
                          • 56228
                          #7
                          I don't know your circumstance but if institutions were negative interest & I had access to Paypal @ 0% or I could keep it myself @ 0%, both seem like good options.


                          Skype: CallTomNow

                            Comment

                            • k0nr4d
                              Confirmed User
                              • Aug 2006
                              • 9231
                              #8
                              Originally posted by Bladewire
                              I don't know your circumstance but if institutions were negative interest & I had access to Paypal @ 0% or I could keep it myself @ 0%, both seem like good options.
                              Until paypal decides for absolutely no reason they are gonna hold you funds for 180 days with no way to withdrawl them.
                              Mechanical Bunny Media
                              Mechbunny Tube Script | Mechbunny Webcam Aggregator Script | Custom Web Development

                                Comment

                                • Shap
                                  Confirmed User
                                  • May 2001
                                  • 8313
                                  #9
                                  Originally posted by lezinterracial
                                  Where would you put money if your banks had negative interest rates?

                                  Where the banks charge you to keep your money in the bank.
                                  Rental income real estate

                                    Comment

                                    • Barry-xlovecam
                                      It's 42
                                      • Jun 2010
                                      • 18083
                                      #10
                                      Why wouldn't banks want to keep your minimum deposits free? They need assets to be able to make loans even with fractional-reserve banking. So, if you have minimum deposit amounts banks would be foolish to make you pay to store your cash.

                                      Cash suffers from negative interest by government policy -- inflation. Cash in the bank has never been a good inflation hedge nor investment -- it's just a place of liquidity.

                                        Comment

                                        • Bladewire
                                          StraightBro
                                          • Aug 2003
                                          • 56228
                                          #11
                                          Originally posted by Barry-xlovecam
                                          Why wouldn't banks want to keep your minimum deposits free? They need assets to be able to make loans even with fractional-reserve banking. So, if you have minimum deposit amounts banks would be foolish to make you pay to store your cash.

                                          Cash suffers from negative interest by government policy -- inflation. Cash in the bank has never been a good inflation hedge nor investment -- it's just a place of liquidity.
                                          WTF? Was this a wasted post? I've done those


                                          Skype: CallTomNow

                                            Comment

                                            • VRPdommy
                                              Too lazy to set a custom title
                                              • Oct 2014
                                              • 13000
                                              #12
                                              Originally posted by lezinterracial
                                              Where would you put money if your banks had negative interest rates?

                                              Where the banks charge you to keep your money in the bank.
                                              DDDaaaaaaaaaaaaaahhhhhhhhhhhhhhhhhhh.............. ...

                                              They are doing that now !

                                              Just not by percentage. Would keep big money out unless they get a better rate.
                                              And they probably would get the 0/min rate.

                                              I would and do keep cash . Better someone I know steal it than the banksters
                                              or some hacker in a country I never herd of.

                                                Comment

                                                Previous template Next
                                                Working...