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      04-07-2011, 08:26 PM   #66
Eric@e2design
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Drives: Supercharged E46 M3
Join Date: Jun 2008
Location: Santa Ana, CA

iTrader: (1)

Quote:
Originally Posted by pman10 View Post
It's also an epic waste of money leaving $25k in an account generating essentially 0% interest just to get 30 free trades (~$300 value, giving you a grand 1.2% yearly interest on your deposit).

You're better off finding a higher interest-yielding account or money market fund and making your trades via a 3rd party like ameritrade.
Yes and no.. he may have some insane spending habits and income and actually cycle $25k



not likely any of us do but im just saying when I sold my old car I deposited all the money in and the teller said something about BOA VIP/PREMIUM/VALUED MEMBER or something and started reading me the benefits it includes a whole list of free banking services.

But yah I agree 25k in the checking account is a complete waste of money