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The Judge

03-18-2008 11:56 AM

Once interest reaches zero (in about six months)

you will have to PAY to keep your money in the bank

ADL Colin

03-18-2008 12:05 PM

adjusted for inflation most people already are.

GetSCORECash

03-18-2008 12:15 PM

HSBC is still offering over 3%.

It's not a good time to have money parked in a Money Market Account, at these rates.

Socks

03-18-2008 12:17 PM

Will we ever see 10-14% returns on normal investments again, in our lifetime?

tranza

03-18-2008 12:31 PM

Quote:

Originally Posted by Socks (Post 13936020)

Will we ever see 10-14% returns on normal investments again, in our lifetime?

Sure, just invest abroad.

:thumbsup

PMdave

03-18-2008 12:34 PM

Quote:

Originally Posted by The Judge (Post 13935898)

you will have to PAY to keep your money in the bank

In Japan that's already the case for several years in several banks.

JFK	03-18-2008 01:14 PM

Quote:

Originally Posted by PMdave (Post 13936134)

In Japan that's already the case for several years in several banks.

it is the case here as well, dont fool yourself. What do you thing all those service charges are ? I got pissed off the other day, got my statement and got dinged for a "Cash deposit fee" If I deposit over a certain amount of cash:mad:

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