I wasn't paying attention to my accounts and I just realized my HSBC savings account was only paying me 0.05% interest. I am now in the process of transferring it to a savings account that is paying me 0.75% interest. By the middle of next week, I shall have given myself a 15X raise.
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HSBC are cheap bastards
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HSBC are cheap bastards
“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of ManTags: None
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Get a CD if you must keep cash. Most will let you write checks against the account as long as you maintain a minimum balance.Try http://wordforge.net/index.php for discussion and debate.
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Yes. Google ZIRP.Originally posted by Uncle Sparky View PostIs that an annual rate??
“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of Man
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:facepalm:Originally posted by Uncle Sparky View PostI read about ZIRP... Isn't this a horrible idea? What incentive is there to save money?12-17-10 Mohamed Bouazizi NEVER FORGET
Stadtluft Macht Frei
Killing it is the new killing it
Ultima Ratio Regum
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CiTBank is offering 1.12% apr certificates of deposit on minimum amounts of $25k which shouldn't be a problem. Frankly, you'd get a much better return on equities but if you must hold cash than 1.12% sure beats 0.05%. They're both **** returns though.Try http://wordforge.net/index.php for discussion and debate.
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I honor our sanctions. But I do make exceptions for food items.Originally posted by onodera View Post10,5 on a term deposit here. Or 3 if it's in USD.“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of Man
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10% more on top of a pretty big drop. I don't think it can go lower without a total collapse (which I don't see happening).Originally posted by Dauphin View PostI looked up the forward rates, they suggest only about a 10% decline in the value of the rouble. I was surprised it wasn't more.“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of Man
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It's just my emergency mad money.Originally posted by Dinner View PostCiTBank is offering 1.12% apr certificates of deposit on minimum amounts of $25k which shouldn't be a problem. Frankly, you'd get a much better return on equities but if you must hold cash than 1.12% sure beats 0.05%. They're both **** returns though.“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of Man
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Originally posted by pchang View Post10% more on top of a pretty big drop. I don't think it can go lower without a total collapse (which I don't see happening).
The rouble suffered its biggest one-day decline since 1998 as oil prices continued to fall on Monday, escalating fears about the Russian economy.
The currency slid almost 9% against the dollar before rallying after suspected central bank intervention.
It's a coming.One day Canada will rule the world, and then we'll all be sorry.
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I did not think Putin would be so stubborn as to risk a currency collapse. Apparently, I was wrong. I wonder if he will throw his finance minister in jail.“It is no use trying to 'see through' first principles. If you see through everything, then everything is transparent. But a wholly transparent world is an invisible world. To 'see through' all things is the same as not to see.”
― C.S. Lewis, The Abolition of Man
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