bank interest
2008.Jul.18, 09:41 PM
 
Post: #7
bigchaz Wrote:my whole point of this is that it would be nice to have a long term investment option

The AL bank gives 10% interest per year with zero risk. Compared to the real world this is pretty much unheard of.

When I think of "long-term investments" I think of something more secure. Security comes at a price, and your interest earned should be LESS than a normal rate. It really cannot get more secure than the good old AL bank, so higher returns would have to be countered with risk.

I'm not sure I want to make AL a banking game. The interest earned on your bank account is pretty high as it is.

If there were investment options higher than the bank, I think it would have to be community-based rather than creating money out of thin air. Otherwise the economy changes.

Zenith [2]
Game Creator and Admin


Messages In This Thread
bank interest - bigchaz - 2008.Jul.17, 11:49 PM
[] - grabtindy - 2008.Jul.18, 07:53 AM
[] - Thor - 2008.Jul.18, 02:29 PM
[] - bigchaz - 2008.Jul.18, 06:08 PM
[] - grabtindy - 2008.Jul.18, 06:12 PM
[] - bigchaz - 2008.Jul.18, 07:33 PM
[] - zenith - 2008.Jul.18 09:41 PM
[] - Promathia19 - 2008.Jul.18, 09:51 PM
[] - bigchaz - 2008.Jul.18, 11:18 PM
[] - Promathia19 - 2008.Jul.18, 11:37 PM
[] - w00k - 2008.Jul.18, 11:58 PM
[] - PropositionJoe - 2008.Jul.19, 12:31 AM