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To: sparklite2

Would negative interest rates boost the stock market?
If, in theory, banks began charging you money for having a savings account, wouldn’t you take your money and put it in mutual funds instead?


That’s the idea and the plan. However it may be a choice between lose a little in a savings account versus lose your shirt in the stock market.

Of course if the you know what really hits the you know what then banks aren’t safe either. In which case then we’re really in deep kimshee.


19 posted on 01/29/2016 12:35:03 PM PST by 2 Kool 2 Be 4-Gotten
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To: 2 Kool 2 Be 4-Gotten
However it may be a choice between lose a little in a savings account versus lose your shirt in the stock market.

Not me...I'm going to entrust all of my money to these annuity companies...lol, like the one whose CEO looks like he's 20, with a female rep that looks even younger.

I see an upcoming episode of American Greed in a few years.

29 posted on 01/29/2016 12:57:07 PM PST by Night Hides Not (Remember the Alamo! Remember Goliad! Remember Mississippi! My vote is going to Cruz.)
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To: 2 Kool 2 Be 4-Gotten

The bank of Sealy Posturpedic won’t ever charge negative interest


38 posted on 01/29/2016 3:26:10 PM PST by silverleaf (Age takes a toll: Please have exact change)
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