will they make you ritch ? Any experience ?
2007-01-27 03:40:34 · 4 answers · asked by citizen high 6 in Business & Finance ➔ Investing
Right now banks are greedy. Interest rates are about 1/2%, when they should be at least 2%
That orange account, I think thats the name of the bank, I hear their interest rates are the best.
What you want is 1 million dollars and get 10% interest, then you will be making some money.
I used to have 5% interest on my account, now it's down to 1/2%
bunch of jerks
2007-01-27 03:44:36 · answer #1 · answered by You may be right 7 · 0⤊ 0⤋
The banks making people rich other than themselves? You have got to be joking there?
But, yes, I have an account, but do not have any interest rates, because of the plan I am on.
2007-01-27 03:44:20 · answer #2 · answered by Lief Tanner 5 · 0⤊ 0⤋
1% is what I get. No way to get rich. If you want make any money through interest, invest in long term funds where annual return rates are closer to 10%
2007-01-27 03:51:02 · answer #3 · answered by moonman 6 · 0⤊ 0⤋
emigrant direct saving interest is 5.05%. it's almost the same as inflation rate. still better than 1%.
2007-01-27 14:48:34 · answer #4 · answered by curious_e 4 · 0⤊ 0⤋