$1,000 in savings?

Discussion in 'Economics and Finance' started by Giada, Oct 9, 2016.

  1. Man Against Time Black Hole Melchizedek

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    How so? There are myriad life situations wherein an individual may not want to carry an excessive balance in a bank account. Can you really not conceive of any through your own efforts?

    For your own sake, I hope you don't marry a smooth-talking, secretly bankrupt con artist. ;)
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  2. Giada MAGA

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    I feel safer with money in the bank than in the house.
  3. The Bobster Forum Veteran

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    Would you keep your money in a Greek bank, knowing that a bail-in will occur?
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  4. Apocales 4:35a.m. just one more episode..

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    It makes sense as people aren't staying at the same job as long as they used to be like in the past. It's self-centered pleasure world where people are going to bars about the same they were in the past but with lot's gadgets, gizmos and other frivolous things that shave away that savings. Even the poorest of the poor could save money within limits but this is a self-destructive society, that is purposely blowing their money away.
  5. Prima Morte Saltine-American

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    When my bank pays $.34 cents interest on a $9,000 balance, why should I keep my money there? (I don't, anymore). After inflation and paying taxes on my "income," I'm worse off than if I'd spent it.
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  6. Angroid CyberSperg 1138

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    Keeping money in a bank is not a safe proposition. Just ask any Cypriot bail-inner. The same thing (bail-ins) is beginning to occur with more regularity in the smaller banks. It won't be too much longer before it becomes the norm.

    Keeping cash at home is not particularly safe either, depending on one's circumstances.

    Just be aware that if it's in a bank, it can go "whooosh" just as easily as during a break-in at home, and the likelyhood of a bank / government confiscation keeps climbing by the day.

    Same advice as usual.... diversify. And be very, very careful with deposits left in the care of banks.
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  7. Breck Social Drinker

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    The truth is none of you broke ass faggots have an extra thousand laying around to leave in a bank
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  8. WFHermans Forum Veteran

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    Banks and mattresses both pay about zero interest.

    Diversify. I even bought some Chinese stock in 2015, and it's worth -40% now. I don't care. Either I will die or it will gain. In both cases my family will win.
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  9. Angroid CyberSperg 1138

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    Like Mark Twain said: "I'd rather have a return of my savings than a return on my savings."

    Interest is nice if you can get it, but in these trying times it's becoming an increasing gamble to dabble with "investments" and to hold too much faith in bail-in banks.
    When you hand your money to the :jew:, chances are becoming increasingly slim that you'll receive it back, never mind earning gains on it.

    Ammo, gold, meds, drugs, tobacco, building supplies, food stocks etc are where it's at. Go prepper or go home. Heil 1488 o/
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  10. Bluto Drunken lout

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  11. WFHermans Forum Veteran

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    Jap stock lost 10% this week while Brazilian/Argentine stock gained 10%. It's a mad house, except if you're an (((insider))). US stock lost a bit (I gambled wrong here, I thought (((they))) would rig the market to make Hillary win) but European stock lost more.
  12. WFHermans Forum Veteran

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    Jim Rogers. If you would have listened to this fraud after 2010, you would have lost half your money.

    https://archive.is/Lf155

    The jews will try their usual tricks in 2017, but unless they will succeed in assassinating Trump without getting blamed, 2017-2020 will be a bull market if you buy American.
  13. Diarrhetrius Brown Doctor of Niggerology

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    What we have to do is face the fact that the great majority of us will never be rich or super wealthy.

    Some of us, myself included, never had getting wealthy as a primary, or even secondary, goal.

    What my goals were to protect, defend and provide for my family as well as raise children in a nourishing environment equipping them with the tools to be successful in life I succeeded because all my children are college educated with degrees that enable them to get a good job and provide for themselves and their families. This was my primary goal and nearly 50 years later I can say I succeeded beyond all my expectations. My grandchildren are all on the same path I set for their parents.

    I consider myself extremely successful.
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