France sells bonds at negative interest rate

[boarderbloke]

From the AP this morning.

[URL="http://hosted.ap.org/dynamic/stories/E/EU_FRANCE_FINANCIAL_CRISIS?SITE=AP&SECTION=HOME&TE MPLATE=DEFAULT&CTIME=2012-07-09-10-45-53"]Negative Interest Rate[/URL]

bet grany 's getten' nervious with her savings account!

[ajl]

Wow. France is the last place I would buy
bonds from at a negative rate. France
will follow Greece, Spain etc down the
crapper.

[wilagro]

How is this much different than our Tax-Free investments that return less than the inflation rate?

This Harper government gimmick is a joke.

[wd9]

Which tax free investments are you
referring to?

[wilagro]

Our great "Tax-Free Savings accounts"...don't you have one?

Greatest thing for the bankers...they make lots from them.

[silverback]

It's tax free, not interest free. Joker.

You can put almost any investment into a self directed one.

It's the most generous tax saving thing a government has probably ever done for the small investor, and the conservatives did it.

Sucks hey wilnot!

[wilagro]

silverback: Big deal...only certain types of investments are allowed.

I have $15,000 in the Tax-free accounts but the interest hardly covers inflation which was what I was referring to. So really what is gained...some investment firm or bank gets to USE your money for little depositor NET return.

[charliep]

You could be paying tax on your interest, dividends
or capital gains. You also don't get to write off any
losses on investments. Not saying TFSA are the ideal
product for everyone but a good tool in the
investment tool kit/a kick in the butt.

[silverback]

Then put it in coffee cans in the ground in the back yard so that no one can earn one single penny off of you.

These banks and credit unions are only returning all possible interest and "available" profits to you - less marketing costs of course. (sound familiar? )

[Hopperbin]

Bullshit you can self direct your TFSA and invest in anything you want. I Bought Bell Alliant which is paying a 7.5 percent dividend according to share price. Then some hot shot Saskatchewan Lawyer is trying to **** things up. May have to hire that Alberta farmer with a shotgun cause that Lawyer is trying to steal my dividend money.

[Hopperbin]

We should all have 20 grand put into our tax free savings accounts now.

[parsley]

http://www.shariahfinancewatch.org/blog/2012/07/
09/standard-poors-joins-forces-with-wahhabi-
dominated-oic-to-form-new-shariah-compliant-
index/