Today I received this eMail from PayPal...
Originally Posted by PayPal
Hello William XXXXXXXX,
Thanks for using PayPal and the PayPal Money Market Fund. Unfortunately, we've decided to close the Money Market Fund, effective 7/29/11.
What does this mean for you? PayPal will transfer any undisbursed dividends you've earned into your PayPal account within 7 business days after we close the fund. Don't worry; you don't have to do a thing.
Your 2011 tax documents will continue to be available on the Fund Summary page in your PayPal account throughout 2012. You'll receive a tax statement from PayPal only if you've earned $10 or more in dividends in 2011.
Thanks for your understanding,
Thus.. here we go with the manipulations...
Anyway, I've never been an advocate of constantly moving money out of your PayPal balance; (one of the reasons I've been involved in their Money Market Fund); as there's always been a way to make money with it. Yet, with this move that hidden gem is no longer available. eBay/PayPal is well aware of the implications this move will have; therefore, I'm more than sure this is just a phase I to a much larger internal shift.
Yet, for those that do business according to Business 101/102... you know that draining your PayPal balance is neither prudent nor Business savvy. You should maintain that there should always be a good 5~10% reserve left in your balance to cover emergency instances quickly and efficiently; (also another way to prove to PayPal that you're not just some hobby seeker making a few bucks and got lucky making a lot more but don't have a clue as to what consequences -- yours OR theirs -- such volume shifts would have).
Just a heads up...