one of the things that we all need is a safe place that earns some interest in which we can park some money this is typically chicken money money we need in case of emergencies and cannot put at any stock market risk. for these a high yield savings or money market account are likely the best choices. sometimes these accounts allow check writing and have automatic teller machine atm cards for easy ...
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i received the following email from a reader any suggestions on what to do with money that id like to have earning at least a little interest but need to be able to access quickly im thinking perhaps a money market but im not sure where to find a good one. this kind of money which commonly is an emergency fund is what is called chicken money a term i credit to terry savage of the chicago suntimes...
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for fixed income investors who dont think much of bonds finding decent returns has become more and more challenging. money market and high yield savings accounts have rates that have plunged in recent months and certificates of deposit have not done much better. its become a real challenge to find decent returns but since this question came up yet again this week i thought i would go through some ...
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those of you who have been using high yield savings or money market accounts have found out that the definition of high is getting rather low. i have accounts at ing direct capital one direct igobanking and virtual bank they all started the year with greater than 4 interest yields and now are hanging around between 3 and 4. interestingly many people spooked by the subprime credit debacle and the v...
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netbank got shut down and taken over by ing direct not long ago. i was a netbank customer and liked their checking account. ing direct is not horrible although their web site drives me nuts but they dont think much of paper checks which i still use all the time. they recently stopped processing checks from netbank. i had one check outstanding that i gave at a friends wedding so i told the bride to...
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