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+--- Forum: General Discussion (/forum-10.html)
+--- Thread: Anyone for free money? (/thread-5255.html)
- Dingus - 2008.Nov.19 02:45 PM
Compounding is the word of the day
- LordSkie - 2008.Nov.19 02:54 PM
yea, if there was a variable interest rate depending on the amount invested, I might consider it. But this is one of the biggest waste of time money making ideas I've heard lmao, even if it's not a scam you'll earn nothing more than banking your own cash.
- iceman2020 - 2008.Nov.19 03:04 PM
Dingus Wrote:Compounding is the word of the day
Whether the 10% is an APR or EAR is, for the most part, irrelevant.
- mrbadmood - 2008.Nov.19 04:41 PM
it was suggested in an earlier thread that long-term investment accounts be created with a higher yield interest and early-withdrawal penalties.
alas, the idea fizzled.
- iceman2020 - 2008.Nov.19 04:53 PM
mrbadmood Wrote:it was suggested in an earlier thread that long-term investment accounts be created with a higher yield interest and early-withdrawal penalties.
alas, the idea fizzled.
Thor, your services are needed.
- emocakes - 2008.Nov.19 05:38 PM
why does everyone have to ruin the fun
- Howl - 2008.Nov.19 07:06 PM
I mentioned it would be nice when i joined but was told it wouldnt happen and that it had been brought up B4.
- airmax - 2008.Nov.20 01:52 AM
emocakes Wrote:iceman2020 Wrote:Did everyone here fail economics or something? This is sad.
The total amount of interest earned would be the current sum of each individual's current interest earned, give or take a couple dollars.
Conclusion: the net effect is zero!
:roll:
im an idiot. also, howlsong, shut your fuckhole
- zenith - 2008.Nov.20 02:17 AM
I could see it working a little. For those who forget about their investment means more interest income for everyone else
- RenegadeJEDI - 2008.Nov.20 03:06 AM
I could see it working if the parties involved were smart enough to wait a couple days so that each one could collect the gross interest from the others player's contributions and after the interest is collected their money was returned...Is that logical?