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| akh098 |
 Posted: Thu Jan 26, 2006 2:53 pm Post subject: does e$ in your account earn interest rate? |
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Investing VP
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I tried to search site about this but couldnt gather information.
All the e$ in our account which we dont use for portfolio investing earn interest ?? |
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| Benjamin |
| Posted: Thu Jan 26, 2006 3:21 pm Post subject: |
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Administrator
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| Nope, it's kind of like sitting in your pocket. It would be interesting to have an e$ bank that you could put it in to accrue interest and take out a loan if your approved though! |
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| Im Not Warren Buffett |
| Posted: Thu Jan 26, 2006 6:37 pm Post subject: Re: does e$ in your account earn interest rate? |
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CFO
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| akh098 wrote: | I tried to search site about this but couldnt gather information.
All the e$ in our account which we dont use for portfolio investing earn interest ?? |
You can always buy something from the store that appreciates, if you are willing to hold it until the end of the month. |
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| Dave Rathbun |
| Posted: Fri Jan 27, 2006 3:19 am Post subject: |
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CFO
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Buy property.  |
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| rykarde |
| Posted: Fri Jan 27, 2006 5:55 am Post subject: |
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Investing Sr. Associate
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I say donate to me !!
Early and often.
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| mrbradg |
| Posted: Fri Jan 27, 2006 6:15 am Post subject: |
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Investing Sr. Associate
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Hey while we are giving out money go ahead and line my pockets with some dead presidents.  |
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| Dave Rathbun |
| Posted: Fri Feb 24, 2006 6:16 am Post subject: |
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CFO
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| Benjamin wrote: | | Nope, it's kind of like sitting in your pocket. It would be interesting to have an e$ bank that you could put it in to accrue interest and take out a loan if your approved though! |
Is there any interest in doing this? Ben, I believe I saw a "bank" add-on to the Shop MOD that is being used now. I don't know all of the features that it offers. Have you looked at it? Were you aware that it existed? |
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| davef139 |
| Posted: Tue Feb 28, 2006 7:04 pm Post subject: |
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Investing Associate
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| What about the ability to buy variable rate CDs, t-bills,notes,bonds, ect? |
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| jjsinmn |
| Posted: Thu Mar 30, 2006 6:26 am Post subject: That is an interesting question |
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Investing Sr. Associate
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| It would be intersting to see if the e investing account does earn interest you would think so since they would like to keep the simulation as close to real as possible but who knows |
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| waynela2005 |
| Posted: Wed May 03, 2006 7:34 pm Post subject: Yeh |
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Investing Associate
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| Yeah! I agree, it is better have an interest rate. It make the game more real!!! |
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| Dave Rathbun |
| Posted: Sat May 06, 2006 7:41 am Post subject: |
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CFO
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Ask and ye shall receive, or something like that...
http://www.einvesting.com/viewtopic.php?t=2888&start=0
That started on May 4th, so you've already received your first interest payment, assuming that you have more than the minimum balance of e$500 in your account. Note that there's no record of the interest going in, but it will be paid daily. If you watch your account balance you should see it go up. The rate is 10% per year, so most folks got less than a $1 in interest for the day.
The daily periodic rate for 10% interest annually is 10% / 365 or 0.000274. So if you have e$5000 in your account (the default starting money) you will earn about $1.36 per day in interest. |
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| Sunnybeach777 |
| Posted: Tue Jun 20, 2006 8:10 am Post subject: |
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Investing Manager
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How cool!
I didn't realize we were getting interest  |
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| gohyihhung |
| Posted: Wed Jun 21, 2006 7:33 am Post subject: |
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New Poster
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| hahaha...yeah i hope they will earn interests tooo... |
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| e_pang |
| Posted: Sat Jul 01, 2006 9:11 pm Post subject: |
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Investing Sr. Associate
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| That was a good questions I was thinking about this one too! |
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| frusnak |
| Posted: Sun Jul 02, 2006 1:14 am Post subject: |
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CFO
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| I forgot about the changes that have been made in regaurds to interest earnings. Anyone have questions check out Dave's post with a link to the thread concerning this. |
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