Comments on: Why I Don’t Trust High Yield International Banks http://www.bargaineering.com/articles/why-i-dont-trust-high-yield-international-banks.html personal finance blog with anecdotes, advice and commentary. Sun, 12 Feb 2012 23:30:41 +0000 hourly 1 By: Ralph http://www.bargaineering.com/articles/why-i-dont-trust-high-yield-international-banks.html/comment-page-1#comment-380749 Ralph Tue, 15 Nov 2011 15:37:40 +0000 http://www.bargaineering.com/articles/?p=3458#comment-380749 Too bad you are not in the current decade for information. Too bad you are not in the current decade for information.

]]> By: Steve http://www.bargaineering.com/articles/why-i-dont-trust-high-yield-international-banks.html/comment-page-1#comment-331960 Steve Tue, 24 Nov 2009 17:40:30 +0000 http://www.bargaineering.com/articles/?p=3458#comment-331960 In fact a lot of money did pour into Iceland, and that was part of what led to their economic crisis in the first place! Iceland is not that big of a country (only 300,000 people) and all the money (especially British) that was pouring in to chase their high interest rates in 2007 simply wasn't sustainable or reasonable. In fact a lot of money did pour into Iceland, and that was part of what led to their economic crisis in the first place! Iceland is not that big of a country (only 300,000 people) and all the money (especially British) that was pouring in to chase their high interest rates in 2007 simply wasn’t sustainable or reasonable.

]]> By: Online Dividends http://www.bargaineering.com/articles/why-i-dont-trust-high-yield-international-banks.html/comment-page-1#comment-278290 Online Dividends Fri, 29 Aug 2008 18:04:41 +0000 http://www.bargaineering.com/articles/?p=3458#comment-278290 Well you can always try opening a CD in everbank. But it also seems that the crona has lost about 20% versus the dollar in the past year. So the net effect is a loss. There are so many alternatives today including high-yield rewards checking accounts yielding 5%-6% annually or even longer term CD's yielding 5%..(WaMu is currently offering a one year CD at 5%) I used to live in eastern europe in the 1990's when a certain currency fell from 20 units to the dollar in 1991 and interest rates of 45% annually to 3000 units to the dollar and interest rates of 180% annually by 1997. Lots of retired people invested the majority of their earnings in government CD's which were worthless after several years.. Well you can always try opening a CD in everbank. But it also seems that the crona has lost about 20% versus the dollar in the past year. So the net effect is a loss. There are so many alternatives today including high-yield rewards checking accounts yielding 5%-6% annually or even longer term CD’s yielding 5%..(WaMu is currently offering a one year CD at 5%)

I used to live in eastern europe in the 1990′s when a certain currency fell from 20 units to the dollar in 1991 and interest rates of 45% annually to 3000 units to the dollar and interest rates of 180% annually by 1997. Lots of retired people invested the majority of their earnings in government CD’s which were worthless after several years..

]]> By: jim http://www.bargaineering.com/articles/why-i-dont-trust-high-yield-international-banks.html/comment-page-1#comment-278225 jim Fri, 29 Aug 2008 12:34:33 +0000 http://www.bargaineering.com/articles/?p=3458#comment-278225 That was cited in the article, I don't know who insures it. That was cited in the article, I don’t know who insures it.

]]> By: Cameron http://www.bargaineering.com/articles/why-i-dont-trust-high-yield-international-banks.html/comment-page-1#comment-278219 Cameron Fri, 29 Aug 2008 12:01:37 +0000 http://www.bargaineering.com/articles/?p=3458#comment-278219 You say $20,000 is the insurance limit. Who is the insures this? You say $20,000 is the insurance limit. Who is the insures this?

]]>