Is this a good time to buy ABA fixed deposits?
- bolueeleh
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Re: Is this a good time to buy ABA fixed deposits?
better than less than 0.1% else where in the world right nowLuigi wrote:^^^ This is my info as well.lurcio wrote:beaker wrote:Isn’t there a 4% tax on interest when withdrawn ?
14% (I think) on fixed term if you are a non-resident (ie no E visa)
Rough #s.
$10K on deposit 5 yrs @ 10% yields $6.5K-14% tax man = $5.6K for average yrly. return of $560. or about $1.50 per day. Does that appeal to you?
Money is not the problem, the problem is no money
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Re: Is this a good time to buy ABA fixed deposits?
Wandering OT, but this made me laugh. Leave your black clothes out in the sun to become grey so you don't get arrested.Luigi wrote:''if I left it in over the next election''. Ha! I wonder why.Fourkinnel wrote:I've got a fair bit in Prasac. 9.75% and AMK, around 10%, Micro-finance not banks though!. Maybe worry and be sleeping less if I left it in over the next election, but up to now good returns last 4 years!
I think 2018 gonna be real exciting.Already gave away my very very dark coloured T shirts.
Gonna check Prozac out.
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Re: Is this a good time to buy ABA fixed deposits?
Let me know if I'm missing something here, but,Luigi wrote:^^^ This is my info as well.lurcio wrote:beaker wrote:Isn’t there a 4% tax on interest when withdrawn ?
14% (I think) on fixed term if you are a non-resident (ie no E visa)
Rough #s.
$10K on deposit 5 yrs @ 10% yields $6.5K-14% tax man = $5.6K for average yrly. return of $560. or about $1.50 per day. Does that appeal to you?
"on deposit 5 yrs"
yet you divide the $5.6K by 10 (years)
Surely, the average yrly return would be $1120, not $560 ?
Please note, I am not an accountant.
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Re: Is this a good time to buy ABA fixed deposits?
i don't know wether to be annoyed by the bad maths or misinformation
i am on these blocked lists;
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Re: Is this a good time to buy ABA fixed deposits?
My error. You are correct. I am not an accountant. Obviously.
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Re: Is this a good time to buy ABA fixed deposits?
11.2% pa
can't be too bad.
can't be too bad.
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Re: Is this a good time to buy ABA fixed deposits?
mongolia gives 15℅
i am on these blocked lists;
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