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hubert financial your new leader at 2%
March 20, 2013
10:09 am
doc
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hubert finanical is number 1 at 2%

March 21, 2013
10:39 am
Yatti420
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Will be interesting to see if these rates will even hold.. Under 2% on my cash and I really don't wanna save..

March 22, 2013
8:07 am
GS1
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Yatti420 said

[snip]

Under 2% on my cash and I really don't wanna save..

All the "asset allocation" models I have ever seen include a "cash" component of some sort. I despise getting "nothing" on my savings but still have about 5% "in cash". I always suppose that 1.whatever% is better than 0.0%.

My equity investments took a bit of a dive over the past few days, but my fixed income and cash components smoothed that out a little as they did not drop at all. That is what asset allocation is for.

Greg

March 22, 2013
9:57 am
NorthernRaven
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March 22, 2013
10:02 am
kanaka
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NorthernRaven said

There's some nice interest rates available from PrivatBank, through their Nicosia office... :)

What kind of insurance is there? Make 9% and give 10% back to the government?

March 22, 2013
10:25 am
James
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Wow, those are some great interest rates. Peter, can we add them to the chart? :p

March 22, 2013
10:33 am
Peter
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James said

Wow, those are some great interest rates. Peter, can we add them to the chart? :p

Yes, when Canada merges with Cyprus!

March 22, 2013
1:52 pm
GS1
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One thing I read about the "tax" in Cyprus is that equity in the bank/banks will be issued in return for the taxes. Then, when/if things settle down that equity may well be trading at a profit.

So, a tax is not necessarily a tax. But, what IS proposed is a forced investment in an asset class in which one may or may not have wanted to invest.

Greg

March 28, 2013
3:20 pm
parlaminty
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March 28, 2013
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Wow that was fast, Hubert drops to 1.8%.

March 30, 2013
9:50 am
doc
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i guess hubert financial did not want to be a leader anymore, now there a follower

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