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-   -   the interest we're losing (http://archives2.twoplustwo.com/showthread.php?t=389966)

schwza 12-02-2005 02:37 PM

the interest we\'re losing
 
i've always been kind of lazy about withdrawing money from sites and putting them in interest-bearing accounts. today i realized that if i have an extra 10k sitting in poker accounts, that's $400 a year at 4%. crap.

JackOfSpeed 12-02-2005 02:52 PM

Re: the interest we\'re losing
 
So true. My ING account pays me $1,000 a year. [img]/images/graemlins/smile.gif[/img]

12-02-2005 03:28 PM

Re: the interest we\'re losing
 
Yea I'm real anal about that. I bacially stick to $30 buyins on party and cash out so I keep my account around $300. I'll be damned if they're gonna make money off my money.

Sam T. 12-02-2005 03:56 PM

Re: the interest we\'re losing
 
Yep. And if you don't think they're making interest off your money, you're kidding yourself.

I pull money out just so that I can take advantage of reload bonuses, but once I've cleared the bonus, I clear it out pretty quick.

jph0424 12-02-2005 03:59 PM

Re: the interest we\'re losing
 
Yeap I lose about 3k on possible interest per year. Oh well thats the cost of doing business.

Jurollo 12-02-2005 04:10 PM

Re: the interest we\'re losing
 
[ QUOTE ]
Yea I'm real anal about that. I bacially stick to $30 buyins on party and cash out so I keep my account around $300. I'll be damned if they're gonna make money off my money.

[/ QUOTE ]
Jeez talkabout throwing the buy in rule out the window, 9 buyins in your account? Thats WAY WAY over your head, unless you constantly reload.
~Justin

Sam T. 12-02-2005 04:26 PM

Re: the interest we\'re losing
 
[ QUOTE ]
[ QUOTE ]
Yea I'm real anal about that. I bacially stick to $30 buyins on party and cash out so I keep my account around $300. I'll be damned if they're gonna make money off my money.

[/ QUOTE ]
Jeez talkabout throwing the buy in rule out the window, 9 buyins in your account? Thats WAY WAY over your head, unless you constantly reload.
~Justin

[/ QUOTE ]

Sure, but I think there's probably a happy medium between his $300 and Schwza's $10,000. And if you can reload in five minutes, the hourly rate is not bad.

schwza 12-02-2005 04:38 PM

Re: the interest we\'re losing
 
fwiw, i meant spread over many accounts.

12-05-2005 12:28 PM

Re: the interest we\'re losing
 
Yea I know the $300 seems a bit low..haha. But it suits me fine. Haven't had to reload in a year or so... playing 10-12 30s a week since somehow my job makes me work a 9-6 5 days a week.. you believe that?


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