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Its clearly not better, its worse. You exchange possible interest rates with a rather incalculable risk of total loss or some absurd insurance fees which are li
by noxer 6y ago
Its clearly not better, its worse. You exchange possible interest rates with a rather incalculable risk of total loss or some absurd insurance fees which are likely to be higher.
If putting paper in a safe would be better then someone (probably the bank itself) would offer that as a service. If they cant make it lucrative at scale you certainly cant either.
- bellyfullofbac 6y agoSigh, you made me regret responding to your initial question. FWIW commercial banks have had negative interest rates for a few years now. https://www.truewealth.ch/en/blog/negative-interest-switzerland https://www.truewealth.ch/en/blog/negative-interest-switzerl...
- noxer 6y agoYou completely ignore my point and instead provided a proof for what no one questioned.
- bellyfullofbac 6y agoThe regret only grows. Now I'm torn between trying to explain the concept of imaginary scenarios where the scope is limited and crafting a statement with a hidden insult somewhere. If this were a party conversation, imagine me walking away rolling my eyes and shaking my head...