General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsLaelth
(32,017 posts)-Laelth
daleanime
(17,796 posts)after taxes.
Spitfire of ATJ
(32,723 posts)The idea being it paid more than a savings account but there was a risk even to the principle.
Now there is ZERO risk thanks to bailouts and it's a hedge against taxes.
gtar100
(4,192 posts)That makes this even more out of whack because there is a large segment of our population that is being kept in the dark about the primary reason for our economic problems - namely, the hording of the vast majority of the wealth by a very small group of people who are nothing more than parasites. If they actually did something useful with all that money, they might be forgiven for their excesses. But they are uncreative and culturally bankrupt. They are worse than worthless; they are a sickness.
Rebellious Republican
(5,029 posts)Credit Unions vs. Big Banks: Where Should You Put Your Money?
THE VERDICT: Credit unions.
We get it. Big banks are attractive, what with their vast array of credit products, flashy commercials and glossy logos. But for the most part, credit unions are hard to beat. If you are able to take advantage of a credit union and don't mind the lack of branded ATMs and physical branches, they are by far the best option for banking today. At the very least, it's worth opening a checking or savings account with a credit union, based on their fee structure alone. You'll pay fewer fees and get more personalized services out of the deal as well. If they don't offer the credit products you like, trust us, banks will still be more than thrilled to take you on as a borrower.
http://www.businessinsider.com/credit-unions-vs-big-banks-2013-4