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Post by oppsididitagain on Jun 22, 2019 10:02:35 GMT
The last few topics on this forum have all been about the slow withdrawal times etc etc
Why are people withdrawing from RS. I know some are personal issues for buying house etc. but are people withdrawing for other reasons
I.E they are worried about the platform going under?
if its rate of return, the rolling has been producing over 4% recently which I think is a good ROR
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benaj
Member of DD Central
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Post by benaj on Jun 22, 2019 10:13:58 GMT
I withdraw money recently due to personal circumstances. I wanted to park the money on RS as I have already used up limit elsewhere and now I need access to the fund.
I wished the rolling rate was higher 2 months ago but it's better than 0%. I would definitely add some more on RS when the rate is right.
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Stonk
Stonking
Posts: 735
Likes: 658
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Post by Stonk on Jun 23, 2019 13:54:29 GMT
The last few topics on this forum have all been about the slow withdrawal times etc etc Why are people withdrawing from RS. I know some are personal issues for buying house etc. but are people withdrawing for other reasons I.E they are worried about the platform going under? if its rate of return, the rolling has been producing over 4% recently which I think is a good ROR
I have an informal formula in my mind which governs whether I add money, remove money, or tread water. It's a personal matter, balancing risk and reward; some of the inputs are the rate available, the amount I already have invested, the state of the Provision Fund, and general feelings about the economy.
At the moment, my formula tells me to withdraw, so I do. It is a largely emotionless mechanical process.
If I'd noticed 6.7% available on the Rolling market yesterday, I would probably have added.
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