I'd save most of my income even if my ROI was -10%, because money is more useful in large quantities, especially when you break certain thresholds like:
*Can take 2-3 years off work when it's a good time to do so
*Can mix cash and and labor when joining a company to get a big equity stake
*Can buy tools and gifts without even looking at the cost if there's a solid benefit"
Cash is more useful/leverageable in large numbers than small for most middle class-ish people. Any gains you make are gravy, saving would be smart even if it cost you money to save.
So what your saying is if you banked $100 and the bank took $10 for itself leaving you the rest, you would continue to do so in order to maintain large amount of liquidity in your assets rather then tying them up for prolonged periods of time at maybe a few percent interest in a CD or something?
If this is what your talking about I've seen this done a few years ago when working for a used electronics store. This man never put money into investments since for him it did more to have $10,000 on hand when a major payoff came his way. One of the things he liked to do was go to these major companies after they upgraded their computer systems and he would buy everything no matter what the condition for a fraction of what it was worth. A month later I'd watch him turn around and ship the equipment to china, selling a computer or other equipment for 5 to 10 times what he paid. It was amazing how being in the right place at the right time with a wad of cash made him so much money.
Just a quick thought. Your website has so many visitors, and I bet you could make a lot of money putting some ads on it. But I kind of admire that you don't. I understand people putting ads on their websites, because it is business and an easy way to make money can be quite nice. However, I can't help but feel that people not putting ads are more... how should I put it... I often view them as superior in an intangible sense. I'm struggling to grasp in which. Attitude, pride, standards, noble? Hmm.
With your websites and ads, I wondered why you don't put up any. You don't need the money? Or is it from some kind of internal stance, and you wouldn't put any in either way? By the way, reading your website feels, to me, nice independent of content cause no ads are there to annoy me. These days it seems you can't read many good blogs without drowning in ads.
My blog doesn't generate enough constant traffic to make me consider adding any, but... I wonder, would I? I don't know. It's like the pride matter, though not the same.
Ps. I liked your absurdity post
A good checking account will have (ranked in order of subjective importance):
No fees, particularly monthly maintenance, incoming wire, etc
ATM Fee Reimbursement: ATM fees from other banks are reimbursed