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www.eInvesting.com Forum Index » Online Investing and Technology

PayPal


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drmikedogg
PostPosted: Thu Feb 10, 2005 6:32 pm Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 10 Feb 2005

Posts: 20
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6323.45 e$

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InvestingMac wrote:
Whenever I have a large enough amount of money in my PayPal I transfer it to my bank account.

I've never been particularly impressed with PayPal, but as many of you have found, it's almost a must in some circumstances.


InvestingMac, I think your idea is smart. I trust paypal and all, just not as much as a physical bank, so whenever my paypal = $$$, I send some of it to the bank to keep a nice safe little balance.
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happybratpack
PostPosted: Fri Feb 11, 2005 7:23 am Post subject: Reply with quote

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6306.94 e$

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I use Paypal but never keep a large sum of money in it. At the most a couple hundred dollars and if there is more than that I transfer it to my regular account.
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trixiezzz
PostPosted: Fri Feb 11, 2005 12:09 pm Post subject: Reply with quote

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Joined: 11 Feb 2005

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16254.87 e$

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My Paypal use is the same as previous poster. I keep a balance only when I think I'll be making a purchase in the near future. Otherwise I transfer it out.
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dman81
PostPosted: Sun Feb 13, 2005 6:58 am Post subject: Reply with quote

Investing Sr. Associate
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Joined: 10 Feb 2005

Posts: 61
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Location: California
5281.49 e$

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I am with the rest of the posters, that Paypal is a great service, however, you should keep only a small sum of cash. I've been lucky and never had my account freeze up for no reason. If you want to park your cash at an online bank you may want to try ING Direct.

By the way... read this: http://www.paypalsucks.com/
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ricekobe
PostPosted: Mon Feb 14, 2005 1:56 am Post subject: Reply with quote

Investing Associate
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Joined: 14 Feb 2005

Posts: 15
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14780.79 e$

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Paypal seems to be reliable, but to be safe I would transfer money to your bank account every so often.
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richkid
PostPosted: Thu Feb 17, 2005 8:33 pm Post subject: Reply with quote

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Joined: 09 Feb 2005

Posts: 21
This Month: 0
Location: Australia
7058.94 e$

Net worth: 7,058.94
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Churn Rate: 0.00%

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i only have about $20 in Paypal so i dont think it would benifit them that much to suspend or freeze me, and if it gets to high i would probably spend it on something...so i have no problems with paypal
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jelijo
PostPosted: Sat Feb 19, 2005 7:34 pm Post subject: Reply with quote

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Joined: 19 Feb 2005

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6624.45 e$

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I use paypal exclusively for ebay transactions, but I never store money in my account. I transfer the funds immediately.
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moneytree
PostPosted: Sat Feb 19, 2005 9:02 pm Post subject: Reply with quote

Investing Sr. Associate
Investing Sr. Associate

Joined: 19 Feb 2005

Posts: 69
This Month: 0
Location: IL
7991.46 e$

Net worth: 7,991.46
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

I rarely leave money in my PayPal account. I sell a little here and there on ebay and when I've sold an item I will pay my fees out of the PayPal account and then transfer the rest. I haven't really checked with the site lately to see what is new....I usually skip over all their advertising.
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ammo
PostPosted: Sun Feb 20, 2005 12:08 am Post subject: Reply with quote

Investing Sr. Associate
Investing Sr. Associate

Joined: 09 Feb 2005

Posts: 84
This Month: 0

15.34 e$

Net worth: 15.34
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Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

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No one really keeps that large amounts of money in it, because its just not all that trustworthy. Nothing will probably ever go wrong with it but who wants to take that chance?
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andromedaslove
PostPosted: Tue Feb 22, 2005 12:50 pm Post subject: Reply with quote

Investing Associate
Investing Associate

Joined: 22 Feb 2005

Posts: 21
This Month: 0

7360.91 e$

Net worth: 7,360.91
Portfolio Value: 0.00
Monthly Return:
0.00%
Trades this month: 0
Churn Rate: 0.00%

Items

I have never really used my paypal account for anything but purchasing on Ebay until here recently. I never knew that there could be problems with keeping money in there. Looks like I need to correct that situation.

Dana
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Benjamin
PostPosted: Wed Feb 23, 2005 11:12 am Post subject: Reply with quote

Administrator
Administrator

Joined: 30 Jan 2005

Posts: 2739
This Month: 0
Location: Chicago
256630.50 e$

Net worth: 256,645.50
Portfolio Value: 0.00
Monthly Return:
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Trades this month: 0
Churn Rate: 0.00%

Items

This eBay topic has reached it's limit. If you have new info on ebay please create a new topic. Wink
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