- This topic has 26 replies, 1 voice, and was last updated January 28, 2008 at 2:43 am by .
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GuestIf you wish to invest money, you might think about putting your money
on an FDIC-insured online bank. Emigrant bank (emigrantdirect.com) is
giving 4.33% and FNBC. com is giving about 4.5%. Each bank is FDICinsured, over 100 years old and the minimum deposit is $1 and there is
no charges. Also, you can take out your money whenever you want/need
without a waiting period like a CD. I have dealt with these onlinebankds for several years and have incurred no problems. When my
husband and I receive our Economic Stimulus check, we will deposit it
to our account.— In Budget101_@yahoogroups.com, “Carole Scandrol”
>
> If you don’t HAVE to spend it to pay bills, my bank just told meabout a 5 day CD. I was complaining about the ridiculously low
interest rate the savings accounts were paying. (.03%) She said they
have a CD that matures in 5 days and pays almost 5%. That’s notspectacular, but a lot better than any other interest bearing account
I’ve found that doesn’t tie up your money for a long time. You must
deposit $500 minumum for 5 days, but then you can withdraw it any timewithout any penalty. It renews every 5 days, and the rate is based on
the Fed rate.
>> Carole
> Be who you are and say what you feel, because those who mind don’t
matter> and those who matter don’t mind !
>
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