(quoted from post at 21:33:19 05/08/18) Hello,
Most people are poor I guess?
This chart is from this year......
Guido.
(quoted from post at 08:59:48 05/09/18) Many workers today are paid by direct deposit and they never see a check or cash. Most have no idea what they really make because they use a debt card and spend until the card is down to zero until the next pay period. Several of the internet banks such as Ally do pay 1.5% on savings and I am seeing some of the FDIC insured CD's at 2.5 - 4 %.
(quoted from post at 19:33:19 05/08/18) Hello,
Most people are poor I guess?
This chart is from this year......
Guido.
(quoted from post at 09:54:33 05/09/18) jniolon; This posting and your earlier one on this topic are intriguing, but slightly puzzling. In the first you say ?we have savings, but it ain't in the bank.... mine is safe, secure and at arms reach.? In this second one you say, ?money will be firestarters.? Can you tell me what it is that you keep close to you that you consider to be more secure than money? I don?t mean to pry, but this is a puzzle that has interested me for more than thirty years. Regardless of whatever I?ve been able to think of that would retain its value through one level of disaster, it?s always possible to imagine a further level of disaster, or an unforeseen change, that would render it worthless. If a person converts their wealth to food, survival gear, firearms and bullets, etc. then at a certain point it would be necessary to have that disaster to be able to get the value back out of whatever it is they?ve hoarded.
Stan
(quoted from post at 18:29:54 05/11/18) sotxbill, sounds like you own bank stocks. The only way to they'll get a large sum from me.
(quoted from post at 08:59:53 05/12/18)(quoted from post at 18:29:54 05/11/18) sotxbill, sounds like you own bank stocks. The only way to they'll get a large sum from me.
NO, but to blame banks for low interest rates is pretty ignorant. They do not control the interest rates.
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