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 Savings accounts? |
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| i currently have a large sum of money in a savings account that earns 4.75% interest. what are some other options, im wise with my money, but know little about mutual funds or the stock market.... |
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| I'm really thinking hard about the best way to invest my money.. I think want to invest around $2000 or so.. And I'm open to invest for 1 year to 4 years. What will get me the best return?<... |
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 Gold - Where can I buy it? |
Doe anybody know reputable companies to buy gold in UK for investment?
What's the best way to buy it?
Additional Details
I want to buy it in sterling.... |
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steph | Why do they make it 99 cents instead of a dollar? |
why dont they just round prices off instead of saying $3.99, just say it costs $4
Additional Details
omg, do they really think America is that stupid? Wow, thats pretty sad. I figured it had some logical economic reason, not just so people will assume its cheaper. |
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Thin Kaboudit
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I think nearly everyone that has answered so far has been wrong! (Maybe it's ME that's wrong, but I don't think many people are so stupid they don't realise that "$2.99" is basically three dollars!)
It has to do with the amount of tax collected. The government already give businesses a small "break" on taxes they collect on behalf of the IRS. If you sell something for $1.00, you charge your customer $1.07 (if the rate is 7%) and you send 6cents to the IRS. If you price something at 99 cents, you STILL collect 7 cents tax (you charge your customer $1.06).
On a single sale, this increases the difference between what you took from the customer and what you must send to Uncle Sam by a tiny fraction of a penny, but if you sell, say, four million 99c hamburgers, pretty soon you are raking in a huge pot of "unseen revenue"....
Nice work if you can get it! |
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Ham B
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Because it sounds cheaper. Although anyone with moderate intelligence can figure it out. Three still sounds cheaper than four. |
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dkp2k2
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i guess because it sounds cheaper |
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awrhodes84
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So you think its cheaper in your mind. Something that costs 9.99 is "less than $10" in yourd mind when you are trying to convince yourself to buy it. |
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Brenda V
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because people are always looking for bargains and $3.99 sounds way cheaper than $4.00 even though it is only a one cent difference. |
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Patrick, Sir Ownsalot
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Think of it this way:
Recently, I was in the store, and saw a pricetag for something. It said $299.95. I thought to myself, "Wow, two hundred bucks!" before I shook myself and realized that it was three hundred.
Which sounds cheaper:
"That'll be $299.95, please."
"That's three hundred bucks." |
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earny
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It's a psychological thing. $3.99 sounds cheaper than $4, so you'll buy the product sooner. |
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j c
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It's a marketing ploy, to trick your brain into thinking it's not that much! |
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Terry
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Psychology. And yes, it really does work. Sad but true. |
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bigguy3214
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Steph, marketing is what they call it.Just like gas (petrol), is $2.97 9/10ths per gallon. This came into being in the early years of the 20th century, by a guy named Woolworth. He became very wealthy by using this as a marketing ploy. But it still comes down to saving that penny. |
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nate_freeman78
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i dont know? thats a good question. probably because it caust allot more money to advertise 4.00$ than it does 3.99$ |
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