| Investing & Banking stocks, bonds, banking interest rates, CDs and all other investment vehicles you want to talk about |
03-11-2008, 12:34 PM
|
|
Hopeless Optimist
|
|
Join Date: Oct 2005
Posts: 4,340
Points: 29382.30
Donate
|
|
Quote:
Originally Posted by BTC
I was going to buy after yesterday's big dip, but held off. Now I feel poorer.
|
Yeah, I'm disappointed too. I was hoping the market would keep falling so I can keep buying shares on the cheap. |
03-13-2008, 08:39 PM
|
|
|
ING is down to 3.10% as of 3/11/08.
|
03-14-2008, 06:32 AM
|
 |
Debt Freedom Fighter
|
|
Join Date: May 2006
Posts: 1,845
Points: 12955.20
Donate
|
|
This week's updates (APY):
OneUnited down from 4.60 to 4.00
ETRADE down from 4.10 to 3.45
Apple Bank down from 4.00 to 3.70
AmTrust Direct down from 3.75 to 3.50
Emigrant Bank down from 3.60 to 3.30
Banco Fortuna down from 3.60 to 3.30
Ultima Bank down from 3.50 to 3.40
ING Direct down from 3.40 to 3.10
Capital One down from 3.25 to 3.10
See first page of this thread for complete, updated listing.
__________________
"Health nuts are going to feel stupid someday, lying in hospitals dying of nothing." - Redd Foxx
|
03-15-2008, 10:43 AM
|
|
$ Saving HS Senior
|
|
Join Date: Apr 2007
Posts: 259
Points: 1560.00
Donate
|
|
Does anyone know what the scoop is RE: Savings Square? They were a 4-star rated bank by Bank Rate but they have not been listed on the website for months.
|
03-15-2008, 10:44 AM
|
|
$ Saving HS Senior
|
|
Join Date: Apr 2007
Posts: 259
Points: 1560.00
Donate
|
|
FWIW, Amegy Bank has a 4.01% APY. They have a 4-star bank rate.com rating. It might be a good spot to park some $$$ for anyone that's looking.
|
03-15-2008, 05:25 PM
|
|
Hopeless Optimist
|
|
Join Date: Oct 2005
Posts: 4,340
Points: 29382.30
Donate
|
|
A 100 basis point cut from the Fed is back on as a possibility. Futures traders have priced in a 100% chance of at least a 75bp cut, >50% chance of a 100bp cut. |
03-15-2008, 07:10 PM
|
|
$ Saving HS Senior
|
|
Join Date: Nov 2005
Posts: 339
Points: 2945.00
Donate
|
|
I hope they don't cut at all, simply because I would like to see stocks take a brief dive. Considering the latest tame inflation numbers, there is probably little possibility of the Fed leaving rates untouched.
|
03-18-2008, 12:35 PM
|
|
Hopeless Optimist
|
|
Join Date: Oct 2005
Posts: 4,340
Points: 29382.30
Donate
|
|
3/4 point today
S&P 500 up almost 4% right now. This is why you don't sit on the sidelines when the going gets rough.
Last edited by sweeps : 03-18-2008 at 12:54 PM.
|
03-19-2008, 07:23 PM
|
|
Hopeless Optimist
|
|
Join Date: Oct 2005
Posts: 4,340
Points: 29382.30
Donate
|
|
Emigrant Direct down to 3.0%.
|
03-20-2008, 08:35 AM
|
|
$ Saving HS Senior
|
|
Join Date: Jul 2006
Posts: 255
Points: 2645.40
Donate
|
|
HSBC is down to 3.05%
__________________
"Out of debt, out of danger!" ~ PricePlus
|
03-20-2008, 08:56 AM
|
|
|
ING is down to 3.00% too.
|
03-20-2008, 09:16 AM
|
|
$ Saving Fifth Grader
|
|
Join Date: Mar 2008
Posts: 40
Points: 275.00
Donate
|
|
ING down to 2.99
Any better alternatives?
|
03-20-2008, 10:52 AM
|
|
$ Saving HS Senior
|
|
Join Date: Apr 2007
Posts: 259
Points: 1560.00
Donate
|
|
Ss 3.5%
|
03-20-2008, 12:16 PM
|
|
$ Saving Jr. High Schooler
|
|
Join Date: Mar 2007
Posts: 95
Points: 595.00
Donate
|
|
FNBO down to 3.25 from 3.85.
|
03-21-2008, 05:08 AM
|
|
$ Saving Kindergartener
|
|
Join Date: Mar 2008
Posts: 2
Points: 30.00
Donate
|
|
Emigrant Direct is down to 2.75% as of this morning. It was 3.00%.
|
03-21-2008, 06:19 AM
|
|
Debt Freedom Fighter
|
|
Join Date: May 2006
Posts: 1,845
Points: 12955.20
Donate
|
|
This week's updates (APY):
SavingsSquare down from 4.00 to 3.50
WaMu down from 4.00 to 3.55
UFBDirect down from 4.00 to 3.35
FNBO down from 3.85 to 3.25
Apple Bank down from 3.70 to 3.50
M&T Bank down from 3.70 to 3.45
HSBC Direct down from 3.55 to 3.05
AmTrust down from 3.50 to 3.25
ELOAN down from 3.50 to 3.00
Presidential Bank down from 3.50 to 3.10
Ultima Bank down from 3.40 to 3.10
Univest Direct down from 3.40 to 2.70
Emigrant Direct down from 3.30 to 2.75
Banco Fortuna down from 3.30 to 2.75
ING Direct down from 3.10 to 3.00
See first page of this thread for complete, updated listing.
__________________
"Health nuts are going to feel stupid someday, lying in hospitals dying of nothing." - Redd Foxx
|
03-21-2008, 06:28 AM
|
|
Debt Freedom Fighter
|
|
Join Date: May 2006
Posts: 1,845
Points: 12955.20
Donate
|
|
Though we knew it was coming (and has been coming), I expect many of us are very disappointed in the yields we are receiving on these accounts.
For those who are looking at this list for an idea of where to open an online savings, my former recommendations, over the course of the last 60 days, have been:
Amboy Direct
Emigrant Direct
I can no longer recommend the latter. If you are looking to open a new account, I'd suggest:
iGOBanking
Amboy Direct
SavingsSquare
These have been, and remain, higher yielding accounts than the average and these offerings have been less volatile than others. They are not the only good choices and there is no guarantee as to how their rates may change in the future, however, that is my recommendation.
A side note: I've mentioned this before but Presidential Bank really needs to hire a web designer that is not the bank president's nephew. Besides the site looking like it was designed by someone with a copy of "HTML for Dummies" (1994 Version), it still has, in the title bar, a statement indicating that the account (now at 2.75% APY) is yielding 4.90% APY. The bank has had multiple drops since then but no one has bothered to properly update the site page. Why does this bother me? I just find it highly unprofessional and, as a former web designer, there is really no excuse for such a mistake to persist.
__________________
"Health nuts are going to feel stupid someday, lying in hospitals dying of nothing." - Redd Foxx
|
03-21-2008, 09:48 AM
|
 |
$ Saving HS Freshman
|
|
Join Date: Oct 2007
Location: North Dakota, USA
Posts: 144
Points: 345.00
Donate
|
|
Quote:
Originally Posted by poundwise
A side note: I've mentioned this before but Presidential Bank really needs to hire a web designer that is not the bank president's nephew. Besides the site looking like it was designed by someone with a copy of "HTML for Dummies" (1994 Version), it still has, in the title bar, a statement indicating that the account (now at 2.75% APY) is yielding 4.90% APY. The bank has had multiple drops since then but no one has bothered to properly update the site page. Why does this bother me? I just find it highly unprofessional and, as a former web designer, there is really no excuse for such a mistake to persist.
|
Just to see what they would do, have you considered calling and asking why your accounts are not getting the 4.9% that you are suppose to be getting (hay that is what the title bar says)!!
Other than that Thanks for the Great Post!!! Your Thread is often the one I show people when I tell them about SavingsAdvice!! |
03-21-2008, 11:54 AM
|
|
|
ING has always been the first one to lower rates and imagine my surprise when I checked and Emigrant Direct was lower than ING.
|
03-21-2008, 11:58 AM
|
|
Hopeless Optimist
|
|
Join Date: Oct 2005
Posts: 4,340
Points: 29382.30
Donate
|
|
Quote:
Originally Posted by Aleta
ING has always been the first one to lower rates and imagine my surprise when I checked and Emigrant Direct was lower than ING.
|
Yeah, ING is actually competitive right now. This is a flashback to 2005. |
|
Currently Active Users Viewing This Thread: 5 (0 members and 5 guests)
|
|
|
Posting Rules
|
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts
HTML code is Off
|
|
|
All times are GMT -7. The time now is 11:14 PM.
|
|
