Anyone want 16% on their money??? - GoFuckYourself.com

slapass · 09-21-2006, 08:48 AM

I just found out that banks in Brazil give that on deposits. I am loading the suitcase next time I visit as that is awesome.

Dragar · 09-21-2006, 08:48 AM

nope I am happy where I am

d00t · 09-21-2006, 08:59 AM

15% federal income tax?

E$_manager · 09-21-2006, 09:16 AM

No, Brazil bank - no, not sure.

Forest · 09-21-2006, 09:22 AM

what bank

I cant imagine a bank who can pay that kind of interest

My cousin lives there
ill check them out

E$_manager · 09-21-2006, 10:35 AM

Quote:

Originally Posted by Forest

what bank

I cant imagine a bank who can pay that kind of interest

My cousin lives there
ill check them out

Check this out please and post the result. This is getting interesting.

PuffSex · 09-21-2006, 11:14 AM

thats great deposit

ssp · 09-21-2006, 11:19 AM

Is it one of those banks that promise you 16% interest and then suddenly goes "bankrupt"?

Jaii · 09-21-2006, 11:19 AM

Brazils economy is absolutely horrible............. i'll keep my money here.

Pim(P) · 09-21-2006, 11:22 AM

16% is nice but the inflation is probably high as well

ADL Colin · 09-21-2006, 11:24 AM

"There is no free lunch" - Milton Friedman

fallenmuffin · 09-21-2006, 11:26 AM

Don't trust the banks let alone banks in Brazil lol

bdld · 09-21-2006, 11:45 AM

the money is not fdic insured

Dagwolf · 09-21-2006, 11:47 AM

Quote:

Originally Posted by Pim(P)

16% is nice but the inflation is probably high as well

That's what I was thinking.

slapass · 09-21-2006, 12:02 PM

Just a heads up but the inflation rate is zero. Their is zero tax to foreigners on the interest earned. They also have one of the largest trade surpluses in the world, higher per capita then China (last time I looked a few months ago). The bank i am going to use is called "citibank". Yep the one and the same. The biggest bs is the red tape to get the documents to open an account.

Negatives. They are recruiting foreign cash to push the interest rates down. Inflation was a huge problem in the recent past. The currency was the strongest in the world against the dollar last year. Might be a little too strong?

http://www.bloomberg.com/apps/news?p...m5w&refer=news

Edit inflation was .05 last month.

http://english.people.com.cn/200609/...07_300525.html

GeorgeM · 09-21-2006, 12:15 PM

16% ??? are u sure ???

E$_manager · 09-21-2006, 12:29 PM

Is surely Brazilian bank or some foreign bank in Brazil?
Is it possible to transfere the money somehow or you have to go to Brazil?

Penthouse Tony · 09-21-2006, 12:35 PM

Quote:

Originally Posted by GeorgeM

16% ??? are u sure ???

nice sig

Trax · 09-21-2006, 01:25 PM

i wouldnt put money in a brazil bank account
not even for a day lol
same goes for argentinia and other crap economies

marko13 · 09-21-2006, 01:31 PM

are you talking about year interest rate????

bl4h · 09-21-2006, 01:33 PM

someone once said "if it sounds too good to be true, it probably is"

woj · 09-21-2006, 02:01 PM

do they have fdic equivalent over there? are the deposits guaranteed in any way?

godisdead · 09-21-2006, 02:05 PM

Maybe this is to set off the risk of having your money confiscated?

Holly · 09-21-2006, 02:08 PM

Quote:

Originally Posted by Cristie

Check this out please and post the result. This is getting interesting.

Why the fuck do you care? You're a third world internet sig whore. Are you going to start having fatpays wire your $54.80 a week directly to Bank of Brazil so their branch manager can start overseeing your investments?

squishypimp · 09-21-2006, 02:09 PM

lol and sometimes you get -100% back lol

Big Red Machine · 09-21-2006, 02:50 PM

Quote:

Originally Posted by Holly

Why the fuck do you care? You're a third world internet sig whore. Are you going to start having fatpays wire your $54.80 a week directly to Bank of Brazil so their branch manager can start overseeing your investments?

WOW

KingK7 · 09-21-2006, 03:03 PM

Quote:

Originally Posted by Holly

Why the fuck do you care? You're a third world internet sig whore. Are you going to start having fatpays wire your $54.80 a week directly to Bank of Brazil so their branch manager can start overseeing your investments?

Harsh...

tranza · 09-21-2006, 03:52 PM

Quote:

Originally Posted by Jaii

Brazils economy is absolutely horrible............. i'll keep my money here.

Lol, if you add the currency changes (this yearthe Real, our currency, grew strong and the dollar is going down every day) the 16% would be something closer to 40% this year alone.

Oh, and you can get better than 16%.

tranza · 09-21-2006, 03:55 PM

Quote:

Originally Posted by slapass

Just a heads up but the inflation rate is zero. Their is zero tax to foreigners on the interest earned. They also have one of the largest trade surpluses in the world, higher per capita then China (last time I looked a few months ago). The bank i am going to use is called "citibank". Yep the one and the same. The biggest bs is the red tape to get the documents to open an account.

Negatives. They are recruiting foreign cash to push the interest rates down. Inflation was a huge problem in the recent past. The currency was the strongest in the world against the dollar last year. Might be a little too strong?

http://www.bloomberg.com/apps/news?p...m5w&refer=news

Edit inflation was .05 last month.

http://english.people.com.cn/200609/...07_300525.html

Our economy is strong. It could be much stronger if we had a different president. Elections are going to take place Sunday next week.

griffin · 09-21-2006, 06:13 PM

If you dont know what currency risk is, after you put your money in a brazilian 16% bank account you will learn the hard way.

jesse_adultdatingdollars · 09-21-2006, 06:17 PM

Put it in your safe where its safe. Double word point.

madawgz · 09-21-2006, 06:24 PM

Quote:

Originally Posted by ADL Colin

"There is no free lunch" - Milton Friedman

great quote!

bear2000 · 09-21-2006, 08:13 PM

Quote:

Originally Posted by madawgz

great quote!

emthree · 09-21-2006, 09:23 PM

Personally, I dont trust my money in places that I do not know about.

detoxed · 09-21-2006, 09:29 PM

Quote:

Originally Posted by Holly

Why the fuck do you care? You're a third world internet sig whore. Are you going to start having fatpays wire your $54.80 a week directly to Bank of Brazil so their branch manager can start overseeing your investments?

UniversalPassLorence · 09-21-2006, 09:31 PM

Iran is 20%

amateurcanada · 09-21-2006, 09:40 PM

Quote:

Originally Posted by slapass

I just found out that banks in Brazil give that on deposits. I am loading the suitcase next time I visit as that is awesome.

lol sounds like another offshore scam, those are like 10 year sold back in the day

DutchTeenCash · 09-21-2006, 09:45 PM

doesnt say shit on their site

sexxxydesign.com · 09-21-2006, 09:48 PM

Quote:

Originally Posted by Trax

i wouldnt put money in a brazil bank account
not even for a day lol
same goes for argentinia and other crap economies

If you know how to ride those waves you can become VERY rich..

Pleasurepays · 09-21-2006, 10:33 PM

risk and reward in finance are always relative to each other.

duh!

Well Dunn · 09-21-2006, 10:37 PM

read the book "the 16% solution" if you want to get 16 percent on your money with less risk then going through fucking brazil.

fg4us · 09-22-2006, 09:01 PM

Most of guys here really don´t know how Brazil is changing in the last years.
Economy is growing up, no inflation...
And most people don´t know but brazilian bank system are considered one of most secure in the world.
Unfortunately here for us brazilian the taxs are too high.
But if you have a lot of money to invest won´t be a problem.

[ ]s

Pleasurepays · 09-22-2006, 09:30 PM

Quote:

Originally Posted by fg4us

Most of guys here really don´t know how Brazil is changing in the last years.
Economy is growing up, no inflation...
And most people don´t know but brazilian bank system are considered one of most secure in the world.
Unfortunately here for us brazilian the taxs are too high.
But if you have a lot of money to invest won´t be a problem.

[ ]s

if they have to offer 16%... there is a reason. that reason is that the financial market and private investors and would be depositors have little faith in Brazilian banks and there is an element of risk which requires them to pay higher interest. sure Brazil is changing. Russia was changing too when you could earn 100% or more on government bonds. it was changing right up to the point that they defaulted and everyone lost everything.

risk is relative to return. thats always true in finance and investing.

Dagwolf · 09-22-2006, 10:23 PM

I want 16% on someone else's money.

Sami · 09-22-2006, 10:34 PM

I've heard of companies/local banks in Dubai and its surroundings paying as high as 25% interest.

Not sure if there is any truth to it or not though.

09-21-2006, 08:48 AM	#1
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,625	Anyone want 16% on their money??? I just found out that banks in Brazil give that on deposits. I am loading the suitcase next time I visit as that is awesome.

09-21-2006, 08:48 AM	#2
Dragar Confirmed User Join Date: Sep 2006 Posts: 1,079	nope I am happy where I am __________________

09-21-2006, 09:16 AM	#4
E$_manager Too lazy to set a custom title Join Date: Apr 2006 Location: pink adult dreams Posts: 13,557	No, Brazil bank - no, not sure. __________________ Enjoy more sales with EnjoyBucks! Homemade: Asian : Ebony : GFs : Voyeur : Nudist : Public : 3D

09-21-2006, 11:14 AM	#7
PuffSex Confirmed User Join Date: Aug 2006 Posts: 547	thats great deposit __________________ I sell my sig. ICQ 353-102-366 [email protected]

09-21-2006, 11:24 AM	#11
ADL Colin Too lazy to set a custom title Join Date: Feb 2001 Location: Tube Titans, USA Posts: 11,929	"There is no free lunch" - Milton Friedman __________________ Adult Date Link - $50 PPS starting NOW! -- good and JUICY! skype = "adultdatelink"

09-21-2006, 08:59 AM	#3
d00t Confirmed User Industry Role: Join Date: Sep 2002 Location: In your mind Posts: 3,766	15% federal income tax?

09-21-2006, 09:22 AM	#5
Forest Confirmed User Industry Role: Join Date: Aug 2001 Location: Hollywood Fl. Posts: 9,005	what bank I cant imagine a bank who can pay that kind of interest My cousin lives there ill check them out

09-21-2006, 11:19 AM	#8
ssp Confirmed User Join Date: Jan 2005 Location: United Kingdom Posts: 7,990	Is it one of those banks that promise you 16% interest and then suddenly goes "bankrupt"?

09-21-2006, 11:19 AM	#9
Jaii Confirmed User Join Date: May 2006 Location: Toronto, Canada Posts: 648	Brazils economy is absolutely horrible............. i'll keep my money here.

09-21-2006, 11:22 AM	#10
Pim(P) Confirmed User Industry Role: Join Date: Jun 2005 Posts: 583	16% is nice but the inflation is probably high as well

09-21-2006, 11:26 AM	#12
fallenmuffin Confirmed User Industry Role: Join Date: Nov 2005 Posts: 8,170	Don't trust the banks let alone banks in Brazil lol

09-21-2006, 11:45 AM	#13
bdld $100,000 Join Date: Dec 2001 Posts: 11,452	the money is not fdic insured

09-21-2006, 12:02 PM	#15
slapass Too lazy to set a custom title Join Date: Nov 2002 Location: Earth Posts: 14,625	Just a heads up but the inflation rate is zero. Their is zero tax to foreigners on the interest earned. They also have one of the largest trade surpluses in the world, higher per capita then China (last time I looked a few months ago). The bank i am going to use is called "citibank". Yep the one and the same. The biggest bs is the red tape to get the documents to open an account. Negatives. They are recruiting foreign cash to push the interest rates down. Inflation was a huge problem in the recent past. The currency was the strongest in the world against the dollar last year. Might be a little too strong? http://www.bloomberg.com/apps/news?p...m5w&refer=news Edit inflation was .05 last month. http://english.people.com.cn/200609/...07_300525.html Last edited by slapass; 09-21-2006 at 12:03 PM..

09-21-2006, 12:15 PM	#16
GeorgeM Confirmed User Join Date: Apr 2006 Posts: 4,969	16% ??? are u sure ??? __________________ $85 per SIGNUP, up to $1.00 per unique visitor

09-21-2006, 12:29 PM	#17
E$_manager Too lazy to set a custom title Join Date: Apr 2006 Location: pink adult dreams Posts: 13,557	Is surely Brazilian bank or some foreign bank in Brazil? Is it possible to transfere the money somehow or you have to go to Brazil? __________________ Enjoy more sales with EnjoyBucks! Homemade: Asian : Ebony : GFs : Voyeur : Nudist : Public : 3D

09-21-2006, 01:25 PM	#19
Trax [----------------------] Join Date: Aug 2001 Posts: 14,486	i wouldnt put money in a brazil bank account not even for a day lol same goes for argentinia and other crap economies

09-21-2006, 01:31 PM	#20
marko13 Confirmed User Join Date: Apr 2004 Location: www.lvpshosting.com Posts: 7,512	are you talking about year interest rate???? __________________ We are responsible for your hosting ... Enjoy in your life. Shared hosting from $3.95 Europe Linux VPS plans from $11.37 http://www.LVPSHosting.com

09-21-2006, 01:33 PM	#21
bl4h Confirmed User Join Date: Jul 2006 Location: Philadelphia Posts: 1,282	someone once said "if it sounds too good to be true, it probably is"

09-21-2006, 02:01 PM	#22
woj <&(©¿©)&> Industry Role: Join Date: Jul 2002 Location: Chicago Posts: 47,882	do they have fdic equivalent over there? are the deposits guaranteed in any way? __________________ Custom Software Development, email: woj#at#wojfun#.#com to discuss details or skype: wojl2000 or gchat: wojfun or telegram: wojl2000 Affiliate program tools: Hosted Galleries Manager Banner Manager Video Manager Wordpress Affiliate Plugin Pic/Movie of the Day Fansign Generator Zip Manager

09-21-2006, 02:05 PM	#23
godisdead Confirmed User Join Date: Jun 2006 Posts: 1,213	Maybe this is to set off the risk of having your money confiscated? __________________ $40 Flat Fee 70% Revshare YEAH THOSE ARE CRAZY PAYOUTS coming soon Crazy Payouts

09-21-2006, 02:09 PM	#25
squishypimp PostMaster General Join Date: Aug 2006 Posts: 10,781	lol and sometimes you get -100% back lol __________________ Signature For Sale

09-21-2006, 06:13 PM	#30
griffin Registered User Join Date: May 2003 Posts: 87	If you dont know what currency risk is, after you put your money in a brazilian 16% bank account you will learn the hard way. __________________ The PornDojo

09-21-2006, 06:17 PM	#31
jesse_adultdatingdollars Confirmed User Industry Role: Join Date: Apr 2006 Location: San Diego Posts: 2,197	Put it in your safe where its safe. Double word point. __________________ Got Dating Traffic? Contact: Jesse (at) adultdatingdollars.com ICQ: 296775809 or AIM: cabotime21

09-21-2006, 09:23 PM	#34
emthree Dialer Kingpin Join Date: Jun 2003 Location: New York Posts: 10,816	Personally, I dont trust my money in places that I do not know about. __________________ • Sell Patches & Pills •

09-21-2006, 09:31 PM	#36
UniversalPassLorence Confirmed User Join Date: Dec 2004 Location: Califonia Posts: 3,721	Iran is 20% __________________ $25.00 PPS for $1.00 Trial Making Webmasters Money Since 1997 ICQ: 305090349

09-21-2006, 09:45 PM	#38
DutchTeenCash I like Dutch Girls Join Date: Feb 2003 Location: dutchteencash.com Posts: 21,684	doesnt say shit on their site __________________ ICQ 16 91 547 - SKYPE dutchteencash bob AT dutchteencash DOT com ... did you see our newest Sweet Natural Girl Priscilla (18)?

09-21-2006, 10:33 PM	#40
Pleasurepays BANNED - SUPPORTING TUBES Join Date: Aug 2002 Location: I live in a pile of boogers Posts: 11,913	risk and reward in finance are always relative to each other. duh!

09-21-2006, 10:37 PM	#41
Well Dunn Confirmed User Join Date: Sep 2005 Posts: 1,026	read the book "the 16% solution" if you want to get 16 percent on your money with less risk then going through fucking brazil. __________________ ICQ: 471859252 Mailers! ICQ me I want your traffic!!!! We will pay daily, weekly, monthly, WHATEVER! Just contact me and we will get you paid!

09-22-2006, 09:01 PM	#42
fg4us Registered User Industry Role: Join Date: Apr 2006 Location: Brazil Posts: 67	Most of guys here really don´t know how Brazil is changing in the last years. Economy is growing up, no inflation... And most people don´t know but brazilian bank system are considered one of most secure in the world. Unfortunately here for us brazilian the taxs are too high. But if you have a lot of money to invest won´t be a problem. [ ]s __________________ Douglas ---------------------------------- ICQ: 160121730 www.classic-tgirls.com

09-22-2006, 10:23 PM	#44
Dagwolf President of Canada Join Date: Sep 2003 Location: Leaving Hell, Entering Limbo Posts: 23,141	I want 16% on someone else's money. __________________ Sleep well, and dream of large women.

09-22-2006, 10:34 PM	#45
Sami Confirmed User Join Date: Mar 2004 Posts: 2,047	I've heard of companies/local banks in Dubai and its surroundings paying as high as 25% interest. Not sure if there is any truth to it or not though. __________________ ServerProvider.com ICQ#: 311-848-143