Thread: Money How broke are you?
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Old 03-20-2011, 09:57 AM   #2
RaiderH8r RaiderH8r is offline
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Quote:
Originally Posted by Saul Good View Post
No offense, but I will bet my life that you aren't, and have never, made double digit returns from a money market. Here's betting that you are confusing a money market account with a mutual fund.

The highest interest rate currently being paid in the country (as far as I can find) is 1.1%, and it's by a pretty shady firm.

http://www.moolanomy.com/1333/how-to...duct=33&sort=2

The average money market rate in the US today is 0.29%. If you are getting 2%, let me know where, and I'll film you making pornographic videos with R8ers's underage daughter.
You're right, I did confuse the two. I'm referring to mutual fund/commodities/stock type investments.
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