Online Banking

Posts which discuss online banks, online banking, and software designed for use with online banks.

High Rate CD vs. S&P 500?

High Rate CD vs. S&P 500?

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...
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Posted in High Rate CD, Online Banking, Retirement Planning | 1 Comment »

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

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

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...
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Posted in High Interest Savings Account, Online Banking, Savings Account for Kids | No Comments »

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