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Filsdepac · 07-04-2006, 10:18 PM

Just an FYI that with the new rate increase by the fed (and quite possibly the last for awhile), you can now get 5% on deposits with Emigrant Direct (just like ING, but higher rate). Also, if you deposit $10,000 (which I'm sure most of us have in our seat cushions) and get their credit card, you get 1.4% cash back on purchases.

This is obviously pretty conservative, but if you're saving for a house like myself, getting a CD might be a good way to lock in the rate. Oh, and the CDs return about 5.35%.

Yet another option: Stocks like SID and SBS, which pay dividends and are Brazilian so US economy doesn't affect them much. EEM, a good emerging market ETF.

Finally: Vegas. Craps has the best chance of winning you money.

realtall · 07-06-2006, 12:39 AM

Quote:

Originally Posted by Filsdepac

Just an FYI that with the new rate increase by the fed (and quite possibly the last for awhile), you can now get 5% on deposits with Emigrant Direct (just like ING, but higher rate).

I have an EmigrantDirect.com account into which I put all of my liquid savings. I've had it since October and I very much enjoy seeing actual dollar amounts in interest being deposited monthly. Oh yeah.

BTW, I did have my savings in my credit union savings account at 1.3%. I think that I'll stick with EmigrantDirect.

07-04-2006, 10:18 PM	#1
Filsdepac Junior Member Join Date: May 2006 Location: Mountain View, CA Posts: 68	Emigrant Direct Just an FYI that with the new rate increase by the fed (and quite possibly the last for awhile), you can now get 5% on deposits with Emigrant Direct (just like ING, but higher rate). Also, if you deposit $10,000 (which I'm sure most of us have in our seat cushions) and get their credit card, you get 1.4% cash back on purchases. This is obviously pretty conservative, but if you're saving for a house like myself, getting a CD might be a good way to lock in the rate. Oh, and the CDs return about 5.35%. Yet another option: Stocks like SID and SBS, which pay dividends and are Brazilian so US economy doesn't affect them much. EEM, a good emerging market ETF. Finally: Vegas. Craps has the best chance of winning you money.