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www.eInvesting.com Forum Index » eInvesting Feedback

Money market for e$ on hand


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dallyn
PostPosted: Sun Mar 11, 2007 5:01 pm Post subject: Money market for e$ on hand Reply with quote

Investing Sr. Associate
Investing Sr. Associate

Joined: 11 Mar 2007

Posts: 57
This Month: 0

20616.59 e$

Net worth: 29,267.16
Portfolio Value: 5,723.57
Monthly Return:
0.16%
Trades this month: 0
Churn Rate: 0.00%

Items

You know, It would be intersting to have e$ on hand earn intrest on e$ not invested. I know you can earn e$ on real estate, and other holdings, so I would limit it to like, .5% or something like that.

Or, you could use a money market index for it and follow the returns on that for the cash on hand.

I'm not sure what this would involve from a coding aspect, but it is something to think about!
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Im Not Warren Buffett
PostPosted: Sun Mar 11, 2007 6:00 pm Post subject: Reply with quote

CFO
CFO

Joined: 26 Nov 2005

Posts: 3473
This Month: 6
Location: Boston
8830.92 e$

Net worth: 6,015,237.32
Portfolio Value: 31,018.40
Monthly Return:
-2.33%
Trades this month: 0
Churn Rate: 0.00%

Items
more...

I believe you do earn interest on uninvested e$...
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Dave Rathbun
PostPosted: Mon Mar 12, 2007 5:14 pm Post subject: Reply with quote

CFO
CFO

Joined: 10 Apr 2005

Posts: 3687
This Month: 42
Location: Texas
394473.07 e$

Net worth: 530,233.07
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

Yes, interest is earned on e$ balances as long as you have at least e$500 in your account. The rate is 10% per year, paid on a daily basis.
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edundayo
PostPosted: Tue Dec 18, 2007 6:21 am Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 17 Dec 2007
Posts: 12
This Month: 0

2142.28 e$

Net worth: 7,613.28
Portfolio Value: 2,544.00
Monthly Return:
-7.52%
Trades this month: 0
Churn Rate: 0.00%

Items

10% per year, paid on a daily basis, thats really ineteresting, but how is the interest calculated. Knowing you could earn some e$ today and maybe after somedays spend all, then you have 0.00 balance for some days and earn more e$ again. So, how is the interest calculated then?
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