dollar4life.bizTraditionally it was considered that it is better to keep money in an American or in a European bank with a high credit rating. At the present time the situation has changed and former profits don’t seem to be so undisputed anymore. First of all, concerns on low interest rates that are paid on deposit. Thus, for example, what concerns the deposits in US dollars is that they rarely exceed the 4.5% per annum.
“But high reliability and guaranties of money safety remain” as a private investor would say. And he would be right in some way. At the same time one should not forget that in the case of bankruptcy of any bank the compensation to the depositor, as a rule, would amount to 20,000 US dollars. Is it much or a little? Every person answers this question differently: everything depends on the amount of funds deposited by him.
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Thread: dollar4life - dollar4life.biz
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08-09-2008, 06:38 AM #1
dollar4life - dollar4life.biz
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