Construction financing in cash - which account?

  • Erstellt am 2014-09-29 13:15:42

Musketier

2014-09-29 16:25:18
  • #1
I hope you don't mean Infinus or Prokon with their fixed interest rates of 6% and more. Both resemble pyramid schemes.
 

Neubauer777

2014-09-29 16:37:22
  • #2
[INDENT]I believe he meant this more generally - in the sense of: "I would rather invest it with an online savings bank at 1.XX% and withdraw it there if needed (for bill payment) than at a "local bank" with 0.1% interest."[/INDENT]
That’s exactly what I meant... There could also be an online bank offering something like this at a more attractive interest rate.
It would only have to limit access from both sides as described above, without immediately taking on liability.

It just hurts to leave a high six-figure amount lying around for months at zero interest...
 

f-pNo

2014-09-29 17:07:55
  • #3

Exactly for that reason, I didn’t want to go into it any further. Of course, I am not talking about those.
In recent years, reputable and well-running medium-sized companies have repeatedly gone public with fixed-interest securities. But you have to analyze carefully here. Because unfortunately, in 2013 some participants mixed in with the good, reputable companies, and those you should definitely avoid.

Actually, I didn’t want to get into this topic that much because you have to know very precisely what you’re doing. Most financial laypeople cannot do that (which is quite normal). Therefore, ’s attitude to stay away from such things is completely right. Regardless of that, I had meant the above constellation more hypothetically with the formulation "purely theoretical," because who wouldn’t want such an amount to have good returns.
I myself only have a small remainder of my own capital in such investments - the majority is wall-fixed in the avatar picture . And that’s a good thing (to use Wowereit’s words).
 

Icemann

2014-09-29 23:45:19
  • #4
My house bank gave me free rein with my credit, I didn’t have to prove in any way what the money was spent on! That would not have been possible with a large nationwide bank. So for me, it was exactly the situation as if I had the cash. My Gu had to accept that he only had my signature that I would pay!
 

Bauexperte

2014-09-30 00:49:14
  • #5
Good evening,


Then both sides matched regarding their motivation towards each other. I would not have accepted that - without securities; rather would have waived the contract.

Rhenish greetings
 

Musketier

2014-09-30 09:23:31
  • #6
We have received the money in at least 25 thousand increments into our account, and from that I paid the outstanding invoices. The GÜ only wanted a financing confirmation from the bank.
 
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