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Hudson City Bancorp, Inc. Message Board

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  • stocks2mm stocks2mm Mar 12, 2010 7:31 PM Flag

    money market return is PALTRY

    Banks and Government wants to keep money market rate to encourage you to invest in stock market and businesses. Once economy and stock market improves, money market will go up. I think MM will go up after 6 months.

    How about investing in HCBK and get 3% dividend (plus any stock price appreciation if you buy it carefully), not to mention obvious - you are free to get out of HCBK without paying any penalty.

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    • Banks and Government wants to keep money market rate to encourage you to invest in stock market and businesses. Once economy and stock market improves, money market will go up. I think MM will go up after 6 months.

      How about investing in HCBK and get more than 4% dividend as of today's price (plus any stock price appreciation if you buy it carefully), not to mention obvious - you are free to get out of HCBK without paying any penalty.

 
HCBK
10.120.00(0.00%)Oct 30 4:00 PMEDT