45 replies to this topic
#41
Posted 25 July 2012 - 12:44 PM
i almost chuckled at that. i hate myself.
#42
Posted 25 July 2012 - 11:49 PM
Dante of the Inferno, on 24 July 2012 - 03:09 AM, said:
Dragonheart91, on 23 July 2012 - 05:48 PM, said:
DB, two years was the math to break even not counting the initial $500 downpayment. Then a third year would show a 5% profit. In real life I can do a 3 year CD and get far better interest rates than that.
Sadly, no. The current CD rate for 3 years tops out at a magical 1.35%/annum. That means after 3 years (without a deposit or withdrawal fee), you would make 4.05% profit. DB's current system is actually more profitable than real life banks.
Ain't that America...
#43
Posted 26 July 2012 - 12:19 AM
I should take a pic.
Chase offering 1.75% interest on a TEN YEAR CD.
Ten Year Treasury Bonds are now 1.41%.
Thank you .84% savings account from Ally.
EDIT: Make that .89% as of tonight! Score!
Chase offering 1.75% interest on a TEN YEAR CD.
Ten Year Treasury Bonds are now 1.41%.
Thank you .84% savings account from Ally.
EDIT: Make that .89% as of tonight! Score!
Edited by Harpuia, 26 July 2012 - 12:26 AM.
#44
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