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, 22 Nov 2009 04:50:49 -0500 http://wordpress.org/?v=2.8.5 hourly 1 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?

]]>