Best fixed deposit rates
I'd like to know where these offshore entities are investing in order to provide such good returns in an era of historically low interest rates, in the real world. Here it's demonstrably obvious.YaTingPom wrote:
I would like to know where you've parked your cash offshore and getting good returns..
That's my point. They don't exist.RobW wrote:I'd like to know where these offshore entities are investing in order to provide such good returns in an era of historically low interest rates, in the real world. Here it's demonstrably obvious.YaTingPom wrote:
I would like to know where you've parked your cash offshore and getting good returns..
Offshore accounts are for hiding cash, providing anonymity and reducing a "tax burden".
pew, pew, pew, pew!
Yes. But when hanging a bullshitter out to dry on tinterweb you are supposed to let them take the hook deep down before you strike, not go charging in with your harpoon at the first showing of open flesh.YaTingPom wrote:That's my point. They don't exist.RobW wrote:I'd like to know where these offshore entities are investing in order to provide such good returns in an era of historically low interest rates, in the real world. Here it's demonstrably obvious.YaTingPom wrote:
I would like to know where you've parked your cash offshore and getting good returns..
Offshore accounts are for hiding cash, providing anonymity and reducing a "tax burden".
You guys are a laugh, you should read some of your statements.
Are you really stupid enough to believe the best returns on earth are to be had at the local Micro Finance here in Cambodia?
Are you really stupid enough to believe the best returns on earth are to be had at the local Micro Finance here in Cambodia?
Deposit accounts, yes. Plus there are similair ones in other countries of course.
Show us otherwise, unless it is a huge secret that can only be found on the DarkWeb, and we will all say sorry old bean.
Show us otherwise, unless it is a huge secret that can only be found on the DarkWeb, and we will all say sorry old bean.
pew, pew, pew, pew!
Did I state it was a Deposit account? I don't think so.
This is what I stated earlier, I can get better returns off shore.
This is what I stated earlier, I can get better returns off shore.
I think "offshore" is one word.
Great. Glad that all got sorted.
Great. Glad that all got sorted.
pew, pew, pew, pew!
Yes, you have finally got one correct!
My spelling was crap. I will admit to my typo.
Do or can you negotiate your interest rate with the MFI's?
My spelling was crap. I will admit to my typo.
Do or can you negotiate your interest rate with the MFI's?
Was that a question?
Dunno. You had money there, what did you do? (<--- question mark)
Dunno. You had money there, what did you do? (<--- question mark)
pew, pew, pew, pew!
Well it had a question mark!
Answer a question with a question, great answer!
I've answered that one earlier.
Answer a question with a question, great answer!
I've answered that one earlier.
Thrifty wrote:Did I state it was a Deposit account? I don't think so.
This is what I stated earlier, I can get better returns off shore.
Precisely my reading of your point too. I don't know why people are picking your point to bits. When you posted I immediately assumed you weren't just talking about a term deposit in the Isle of Man.
It's not that hard to find better 'real' rates 'off shore', by which I mean not in Cambodia, so long as you bring other factors into play like exchange rate risk. Cash sitting in a 4% term deposit in a country whose currency has appreciated 10% against that of your base currency provides a 14% return, for example.
Thrifty's point is that there is more to 'returns' than a published interest rate on a term deposit.
Last year you could on sums of 250 or more. This year I doubt it.Thrifty wrote:Yes, you have finally got one correct!
My spelling was crap. I will admit to my typo.
Do or can you negotiate your interest rate with the MFI's?
Anyway. If you can hook me up with a 2 point better return than Prasac "offshore" I'll give you one point. Seem reasonable?
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Seeing that everyone else is is being picky, I'll join in.scobienz wrote:Thrifty wrote:Did I state it was a Deposit account? I don't think so.
This is what I stated earlier, I can get better returns off shore.
Precisely my reading of your point too. I don't know why people are picking your point to bits. When you posted I immediately assumed you weren't just talking about a term deposit in the Isle of Man.
It's not that hard to find better 'real' rates 'off shore', by which I mean not in Cambodia, so long as you bring other factors into play like exchange rate risk. Cash sitting in a 4% term deposit in a country whose currency has appreciated 10% against that of your base currency provides a 14% return, for example.
Thrifty's point is that there is more to 'returns' than a published interest rate on a term deposit.
You buffoon!
Your return wouldn't be 14% - it would obviously be 14.4% (minus any applicable taxes and currency exchange costs).
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