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      07-15-2013, 06:53 PM   #130

Drives: '08 335i
Join Date: Jul 2009
Location: TX

iTrader: (0)

Originally Posted by badazzm View Post
I don't know what warren buffet earns and I am damm sure neither do you. His doesn't put his personal tax return out for people to look at. You are right about me not caring too much about my money in investing wise but if you were local, I would show you my last year's 1099-INT from HSBC. It is def. earning 11.5%.
You don't have to post your personal return. All you need to post is the little snippet in the fine print that says you're guaranteed 11.5% (or 11-14%, or whatever it says).

If you just posted a picture of a $500k account that accrued 11.5% in interest one year, that doesn't tell me anything. I don't care about that. That's what your 1099-INT would show me, but that doesn't tell me anything.

I only care about the part that talks about the guaranteed 11-14% APY. And I'm just curious as to why HSBC Australia's online account says something completely different for investments in the $1 - $1,000,000 range.