High Return CDs | Online Banking | Savings Accounts | Personal Finance » Online Banking

Online Banking Review | HSBC Bank: Loans, Yes. Deposits?

James Smith — Tue, 05 Jan 2010 05:17:37 +0000

If you get to the end of this online banking review of the operations of HSBC bank and don't understand what the heck is going on, believe me when I say I empathize. HSBC is one of the largest bank holding companies in the industry, and deciphering their myriad operations is simply a mind numbing task.

Online Banking Review | HSBC Bank: Loans, Yes. Deposits? is a post from: High Return CDs | Online Banking | Savings Accounts | Personal Finance

High Yield Money Market Accounts | 3 Offers Reviewed

James Smith — Thu, 31 Dec 2009 05:04:01 +0000

High yield money market accounts are a great place for your money in low rate environments like these. Although the returns are not necessarily spectacular (quite the contrary in fact), rates are competitive and FDIC insurance reduces the default risk so many other yield bearing instruments are burdened with.

High Yield Money Market Accounts | 3 Offers Reviewed is a post from: High Return CDs | Online Banking | Savings Accounts | Personal Finance

Online Banking Checking Savings Accounts | Bank Review: EverBank

James Smith — Wed, 23 Dec 2009 13:03:22 +0000

Which online banking / checking / savings accounts are best? Consider what you expect from an online banking experience, and consider how my sponsors fare in that regard as I review each of my sponsor banks in turn. We'll begin with EverBank - a full service financial firm based in Jacksonville Florida.

Online Banking Checking Savings Accounts | Bank Review: EverBank is a post from: High Return CDs | Online Banking | Savings Accounts | Personal Finance

High Interest Savings Account Online Makes Sense

James Smith — Thu, 19 Nov 2009 21:13:40 +0000

Having a high interest savings account with an online bank these days just makes sense. I don't particularly care whether you choose a money market account, a savings account, or even a high rate CD for that matter. Whatever account type suits your needs, you are far more likely to earn a respectable rate of interest on your deposits. The nice thing about...

High Interest Savings Account Online Makes Sense is a post from: High Return CDs | Online Banking | Savings Accounts | Personal Finance

High Rate CD vs. S&P 500?

James Smith — Thu, 29 Oct 2009 01:15:37 +0000

I was wondering how high rate CDs performed against the S&P 500 the other day (yes I have too much time on my hands) and decided to take a look. In truth what really prompted me to start doing a little digging was the stock market nose-dive in March followed by the run-up in prices later in the year this year.

High Rate CD vs. S&P 500? is a post from: High Return CDs | Online Banking | Savings Accounts | Personal Finance

High Interest Savings Accounts | FDIC Insured and Why That’s Not Enough

James Smith — Wed, 30 Sep 2009 22:14:21 +0000

High interest savings accounts, FDIC insured or not, are vulnerable to the same sorts of liquidity interruptions as any other FDIC insured account... only now the FDIC is starting to ask banks for money in advance. Why is that do you suppose? While regulators and prominent figures such as Fed Chairman Ben Bernanke talk about the improving economy and slowing growth in unemployment the line workers at the Fed are still busy closing banks.

High Interest Savings Accounts | FDIC Insured and Why That’s Not Enough is a post from: High Return CDs | Online Banking | Savings Accounts | Personal Finance

High Yield Savings Account | Why Bother at Present Rates?

James Smith — Fri, 25 Sep 2009 12:26:01 +0000

People ask me why open a high yield savings account these days when rates are only 1.35%? In all fairness that is a good question, because there are plenty of higher paying CDs out there - but CDs as we know have their problems too. Making a decision to open a high yield savings account when rates are so despondently low these days doesn't seem like a good use of spare cash - but there are benefits to doing it. Let's look at a few reasons.

High Yield Savings Account | Why Bother at Present Rates? is a post from: High Return CDs | Online Banking | Savings Accounts | Personal Finance

Open a Savings Account Online | A Simple Way to Keep Up with Inflation

James Smith — Thu, 24 Sep 2009 01:00:24 +0000

Open a savings account online and you will be sure to keep your liquid reserve cash earning income at today's most competitive short term interest rates. Leave your money in your local brick and mortar savings bank and watch inflation annihilate your cash reserves' buying power.

Open a Savings Account Online | A Simple Way to Keep Up with Inflation is a post from: High Return CDs | Online Banking | Savings Accounts | Personal Finance

Best Savings Account for Kids | Online, High Rate, and Linked to Local

James Smith — Wed, 09 Sep 2009 14:30:56 +0000

People frequently ask me what is the best savings account for kids and I figured at this point I may as well write a post about it. I like to talk and write alot about teaching home finance to kids and adults and the basic workings of moving money around efficiently using online savings accounts are really good low risk ways to teach all the skills necessary for bigger topics later. Topics common to most people wanting to live the American dream might include how to prepare your finances to buy yor first home, or how to manage credit cards and such. In truth in order to learn my methods you need to learn to walk before you can run. In this post we start with a little walking.

Best Savings Account for Kids | Online, High Rate, and Linked to Local is a post from: High Return CDs | Online Banking | Savings Accounts | Personal Finance

High Return CD | Where to Put Money in a Low Rate Environment

James Smith — Wed, 02 Sep 2009 16:07:11 +0000

I was looking for a high return CD the other day. Rates have been ridiculously low thanks to the horrible economy and awful business mismanagement by corporate executives but I still wanted a place to sock away at least some money in an interest bearing account. I honestly hadn't had a lot of luck finding a high rate CD that was worth the holding period. Then it occurred to me...

High Return CD | Where to Put Money in a Low Rate Environment is a post from: High Return CDs | Online Banking | Savings Accounts | Personal Finance