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Arickson
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Posted - 2009.01.18 06:24:00 -
[1]
So I've saved up a lot of money from doing stuff and right now I've got about 800m+ and I really want to invest it into something profitable like POS's and what not but I'm not to sure how to get into it. Any suggestions?
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Akita T
Caldari Navy Volunteer Task Force
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Posted - 2009.01.18 06:27:00 -
[2]
For starters, I'd suggest you read the stickies. Second, while you learn how to do stuff, place 700m of it into E-Bank, and eperiment with the 100m. If those 100m turn into 200m or even 300m, think about getting your 700m out and doing the same thing you just did before. If not, just better leave those ISK right there.
_ Create a character || Fit a ship || Get some ISK |
Arickson
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Posted - 2009.01.18 06:29:00 -
[3]
I've been reading up on Ebank the last week or two and honestly I don't get the whole idea of giving them my money. Does it really give you much back
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Akita T
Caldari Navy Volunteer Task Force
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Posted - 2009.01.18 06:39:00 -
[4]
They're among the safest possible investments you can make in EVE right now, the availability is very good too (whenever you need your money back, you won't wait too long), but the interest rate is pretty low. Still, all things considered, it's better than it sitting unused in your wallet, isn't it ? And certainly better than using them in something that's very risky.
_ Create a character || Fit a ship || Get some ISK |
Arickson
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Posted - 2009.01.18 06:44:00 -
[5]
True, yeah the super low interest rate to me isn't even worth investing my money into. I could do a l4 and get my interests worth in 2 hours but I'll look into it.
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Astarte Nosferatu
Minmatar Abrivianius Manufacturing Corporation
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Posted - 2009.01.18 08:50:00 -
[6]
Originally by: Arickson True, yeah the super low interest rate to me isn't even worth investing my money into. I could do a l4 and get my interests worth in 2 hours but I'll look into it.
Yes, but you don't need 800mil to do a lvl 4 mission right? So if you put isk in EBank and do lvl 4 missions you get twice the isk for the same effort. |
Dagda Morr
Eve University Ivy League
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Posted - 2009.01.18 19:29:00 -
[7]
An alternative is to look into Dynasty Bank. They have not been established as long as Ebanks so are considered by some to be slightly more risky. If you are prepared to lock that 700mil down for a reasonable length of time then they offer up to 10% return (depends on length it's locked down for). A final alternative is one of the mutual funds that I believe exist. These spread the investment across a range of offerings thus minimising the risk.
As a side note, it's my understanding that making ISK out of a POS (or set of POS's is not particularly easy - sinking all your ISK into it without knowing all the pitfalls might not be the wisest option.) |
Raijen Ar'Desh
Gallente Interstellar Business Machines Corp.
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Posted - 2009.01.18 19:52:00 -
[8]
Originally by: Dagda Morr An alternative is to look into Dynasty Bank. They have not been established as long as Ebanks so are considered by some to be slightly more risky. If you are prepared to lock that 700mil down for a reasonable length of time then they offer up to 10% return (depends on length it's locked down for). A final alternative is one of the mutual funds that I believe exist. These spread the investment across a range of offerings thus minimising the risk.
As a side note, it's my understanding that making ISK out of a POS (or set of POS's is not particularly easy - sinking all your ISK into it without knowing all the pitfalls might not be the wisest option.)
The rate on new CD's at DBank was reduced on Jan 1st, the new rate for the 4 month CD is 7%/mo
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Dagda Morr
Eve University Ivy League
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Posted - 2009.01.18 20:02:00 -
[9]
Ahh , my mistake - thanks!
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