debeast
(o)(o)
Posts: 238
Likes: 44
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Post by debeast on Jul 15, 2014 8:56:05 GMT
Anyone catch the news item on AltFi (http://www.altfi.com/news/292)?
I wonder how some of the other P2x players would rate ?
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Post by yorkshireman on Jul 15, 2014 9:34:29 GMT
“pure cash always carries 0 risk score.” And “Their risk rating of 1, just above cash,” Does that refer to cash in the bank / building society or cash in hand / under the mattress?
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debeast
(o)(o)
Posts: 238
Likes: 44
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Post by debeast on Jul 15, 2014 12:29:25 GMT
I'd assume thats in a bank below the 85k limit
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Post by GSV3MIaC on Jul 15, 2014 12:35:07 GMT
And cash backed by some government not noted for defaulting on their debts, over-running the printing presses, reneging on gold standards, or otherwise fiddling the books?! ... oh sh!t there goes all of them except maybe the Swiss.
I guess a risk rating of 0 is probably reserved for cans of long dated baked beans, stashed away in the cellar.
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