posted on November 11, 2005 07:02:09 PM new
If you believe Pay Pal is a BANK,,,Covered by the FDIC and all other Government agencies then you believe pigs can fly,,,,
They go belly up and YER screwed.....
They are merely a processing agent....
Get your Money out of their pocket as SOON as THEY get it.....
posted on November 11, 2005 07:05:07 PM new
I've said it before and I'll say it again, never leave more in your PayPal account than you can afford to lose!
"Our lives begin to end the day we become silent about things that matter." - Martin Luther King, Jr.
posted on November 11, 2005 07:28:44 PM new
Dodobird has a Paypal money market account and a Paypal debit card,Dodo goes shopping with this card as a credit card and get a rebate from Paypal-1 1/2 %.
Needless to say,DODO IS DODOLY HAPPY!!
BTW,it is now paying 3.85%.
posted on November 11, 2005 07:39:14 PM new
I'm a strong advocate of a diversified portfolio. Funds should be invested equally in stocks, bonds, and lottery tickets.
A $75.00 solid state device will always blow first to protect a 25 cent fuse ~ Murphy's Law
posted on November 11, 2005 08:00:48 PM new
Lucy...A much safer investment than in an uninsured instrument offered by a unregulated company. Walnuts actually have a higher rate of return than most certificates anyway. But this year, it's oranges in California. After what Wilma did to the crop in Florida, it will be cheaper to buy a gallon of gas than it will be to buy a screwdriver at the local watering hole.
A $75.00 solid state device will always blow first to protect a 25 cent fuse ~ Murphy's Law
posted on November 11, 2005 08:29:06 PM new
I couldn't believe the price of oranges at the grocery store!! Tangerines were 3 for 99 cents. OTOH, I bought a small crate of Clementines for $6! They're my favorite and are usually more expensive than that!
Cheryl
"Our lives begin to end the day we become silent about things that matter." - Martin Luther King, Jr.
posted on November 11, 2005 09:28:12 PM new
Lucy...I suppose you could. Never gave it much thought. I was thinking more along the lines of getting into a group and buying an orchard. It would be great news for Niel and the rest of the people in Florida. The minute I buy an orange grove, there won't be another hurricane that will come within 500 miles of Florida for the next 10 years.
A few years back, we got hit with a devastating freeze here. It completely destroyed about 95% of the lemons. A couple of enterprising young hispanic guys who sell at the local swap meet on Sundays saw what was happening as they were pickers during the week. Before any damage estimates could be announced, they call a cousin in either Ventura or Arizona (never did find out for sure which) and had him go to a local packing house and buy all the lemons he could load on his truck and bring them up here. They stored them in their garage until the damage estimates were announced. The price of lemons skyrocketed. You guessed it, they brought those lemons out to the swap and made a killing. They were sold out in less than an hour, mostly to produce vendors who marked up the outrageous prices to obscene levels when they resold them. They had a limited english vocabulary, but capitalism was one of the words they understood very well after that Sunday.
A $75.00 solid state device will always blow first to protect a 25 cent fuse ~ Murphy's Law
posted on November 12, 2005 07:41:14 AM new
if you sign up for MM,then the balance is always in MM,there is no sweeping,
Most of us just keep a small balance there,anyone who keeps a large balance in MM account could be hiding it from Uncle Sam,spouse or soon to be ex spouse,creditors ,or they plan on buying big ticket items such as plane tickets or appliances to get that rebate.
I know when I bot my house ,i transferred some money into Paypal MM account so I can go shopping with my debit card.
