Sunny Hypersonic February 12, 2016 Share February 12, 2016 huat huat!! got treat makan or not? Mine peanuts $ nia..chia peanuts no problem...猴年ma.. ↡ Advertisement 5 Link to post Share on other sites More sharing options...
Jamesc Hypersonic February 12, 2016 Share February 12, 2016 It is not to any local interest to see local banks collapse even in share price term. The trio form a very important pillar to our economy as a whole. Imagine the scale of knock-on effect on other industries... I only choose local banks for cards n time deposit even other foreign banks offer better rates. Loan wise is different cos the savings can be substantial to be missed. On the negative interest charge by Japanese banks...I wonder who n what amount are seeking refuge there that warrant a "parking fee" to deter more deposits...or is it Abe wishes that the locals to spend more to power their sluggish economy out of the doldrums since the 3 arrows seem ineffective... It is not to any local interest to see local banks collapse even in share price term. The trio form a very important pillar to our economy as a whole. Imagine the scale of knock-on effect on other industries... I only choose local banks for cards n time deposit even other foreign banks offer better rates. Loan wise is different cos the savings can be substantial to be missed. On the negative interest charge by Japanese banks...I wonder who n what amount are seeking refuge there that warrant a "parking fee" to deter more deposits...or is it Abe wishes that the locals to spend more to power their sluggish economy out of the doldrums since the 3 arrows seem ineffective... Why only take credit cards from local banks? If take from foreign banks and they collapse then no need to pay back. I wish I took a big loan from those Mr Lehman brothers. When they went bust I would not have paid any of the brothers back. 1 Link to post Share on other sites More sharing options...
Jamesc Hypersonic February 12, 2016 Share February 12, 2016 (edited) It is not to any local interest to see local banks collapse even in share price term.The trio form a very important pillar to our economy as a whole. Imagine the scale of knock-on effect on other industries...I only choose local banks for cards n time deposit even other foreign banks offer better rates. Loan wise is different cos the savings can be substantial to be missed.On the negative interest charge by Japanese banks...I wonder who n what amount are seeking refuge there that warrant a "parking fee" to deter more deposit the price tots...or is it Abe wishes that the locals to spend more to power their sluggish economy out of the doldrums since the 3 arrows seem ineffective... I don't want the bank shares to collapse. I just want the price to come down so I can go in and buy it. The lower the price the more I will help to buy so it will go up. Edited February 12, 2016 by Jamesc Link to post Share on other sites More sharing options...
Enye Hypersonic February 12, 2016 Share February 12, 2016 Mine peanuts $ nia..chia peanuts no problem...猴年ma.. wow your peanuts same as durai's peanuts? Link to post Share on other sites More sharing options...
mersaylee Hypersonic February 12, 2016 Share February 12, 2016 Why only take credit cards from local banks? If take from foreign banks and they collapse then no need to pay back. I wish I took a big loan from those Mr Lehman brothers. When they went bust I would not have paid any of the brothers back. That's truly thinking out of the box. However, I sarpork a soccer team to win trophy n not get relegated. I'm more a straight forward simple guy...cos I read that the secret to happiness is to simplify things. Haha. 2 Link to post Share on other sites More sharing options...
Jamesc Hypersonic February 12, 2016 Share February 12, 2016 can organise MO to buy? Sure anybody just send me your money and I help everyone buy. Link to post Share on other sites More sharing options...
Sunny Hypersonic February 12, 2016 Share February 12, 2016 wow your peanuts same as durai's peanuts? Lol...ya related to gold Link to post Share on other sites More sharing options...
Jamesc Hypersonic February 12, 2016 Share February 12, 2016 That's truly thinking out of the box. However, I sarpork a soccer team to win trophy n not get relegated. I'm more a straight forward simple guy...cos I read that the secret to happiness is to simplify things. Haha. 5 points for your good reading and following. Link to post Share on other sites More sharing options...
mersaylee Hypersonic February 12, 2016 Share February 12, 2016 5 points for your good reading and following. Thank you kum siah arigato tor zair... Btw, how this praise points thingy work? Collect enuf can claim any goodie like car grooming or servicing voucher? Link to post Share on other sites More sharing options...
lausai88 Hypersonic February 12, 2016 Share February 12, 2016 Thank you kum siah arigato tor zair... Btw, how this praise points thingy work? Collect enuf can claim any goodie like car grooming or servicing voucher? the points can be used to exchange for local bank shares. DBS now $13, so you need 13k points 9 Link to post Share on other sites More sharing options...
mersaylee Hypersonic February 12, 2016 Share February 12, 2016 the points can be used to exchange for local bank shares. DBS now $13, so you need 13k points I know it's recess time here but that is simply hilarious. So, praise points to be deposited at cdp then ask the broker to sell in the open market? I don't even have a lot or alot... Link to post Share on other sites More sharing options...
Yewheng Twincharged February 12, 2016 Share February 12, 2016 (edited) what is negative interest? I pay the bank if I want to deposit money?? Technically is correct. Is not you pay the bank when you deposit. It is after you deposit money, the bank will deduct money from your bank account, so the net amount will be lesser in your bank account. Edited February 12, 2016 by Yewheng 1 Link to post Share on other sites More sharing options...
Hosaybo 6th Gear February 12, 2016 Share February 12, 2016 Like that can go back biscuit tin Liao...... Got many brand to choose.... Jacob, Kong guan :) 1 Link to post Share on other sites More sharing options...
Showster Twincharged February 12, 2016 Share February 12, 2016 Like that can go back biscuit tin Liao...... Got many brand to choose.... Jacob, Kong guan :)Actually even central banks that implement negative interest rates do not apply it on personal bank accounts. So can still keep in banks. They only implement for large corporate accounts. Maybe donations type. 1 Link to post Share on other sites More sharing options...
Enye Hypersonic February 12, 2016 Share February 12, 2016 Like that can go back biscuit tin Liao...... Got many brand to choose.... Jacob, Kong guan :)Need many biscuit tins 2 Link to post Share on other sites More sharing options...
OmOm 5th Gear February 12, 2016 Share February 12, 2016 (edited) The Doom Loop explains why BOJ's NIRP triggered the fall of Japan's stock markets: Edited February 12, 2016 by OmOm 1 Link to post Share on other sites More sharing options...
Scion Turbocharged February 12, 2016 Author Share February 12, 2016 what is negative interest? I pay the bank if I want to deposit money?? actually negative interest is usually set by the central bank to the commercial banks in the country and usually applied to both loans and deposits the commercial banks will set very low interest rates to the people/businesses/companies borrowing from the banks.. in a way, it's "forcing" them to loan out the money as for deposits, it's to discourage people from saving (hoarding) the money in the banks, and indirectly "force" them to spend it into the economy both are to ensure there is lot of liquidity in the market Link to post Share on other sites More sharing options...
Yewheng Twincharged February 12, 2016 Share February 12, 2016 Actually even central banks that implement negative interest rates do not apply it on personal bank accounts. So can still keep in banks. They only implement for large corporate accounts. Maybe donations type. Not true it can apply to personal bank accounts too, just that whether banks want to do it or not. http://www.businessinsider.sg/banks-discussing-negative-interest-rates-for-consumers-2015-10/?r=UK&IR=T#.Vr4ADlkRXqA ↡ Advertisement Link to post Share on other sites More sharing options...
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