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autobonrun autobonrun is offline
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Join Date: May 2001
Location: Kansas
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So I was going to open a money market account

I've had checking, savings, stocks, and retirement for years but decided to set a little aside in a separate interest bearing MM account. The interest rate quoted to me was .01%. I thought he made a mistake speaking so I asked him to repeat that. This means if I put $1000 in, I'll get all of ten cents interest at the end of the year, on a grand. I'd have to put $10k in to get $1 in interest. I told the guy it's not worth the gas to drive over with the check.

I knew rates were low, but dammmmm!
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Old 12-28-2012, 01:01 PM
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