Filsdepac
07-04-2006, 10:18 PM
Just an FYI that with the new rate increase by the fed (and quite possibly the last for awhile), you can now get 5% on deposits with Emigrant Direct (just like ING, but higher rate). Also, if you deposit $10,000 (which I'm sure most of us have in our seat cushions) and get their credit card, you get 1.4% cash back on purchases.
This is obviously pretty conservative, but if you're saving for a house like myself, getting a CD might be a good way to lock in the rate. Oh, and the CDs return about 5.35%.
Yet another option: Stocks like SID and SBS, which pay dividends and are Brazilian so US economy doesn't affect them much. EEM, a good emerging market ETF.
Finally: Vegas. Craps has the best chance of winning you money.
This is obviously pretty conservative, but if you're saving for a house like myself, getting a CD might be a good way to lock in the rate. Oh, and the CDs return about 5.35%.
Yet another option: Stocks like SID and SBS, which pay dividends and are Brazilian so US economy doesn't affect them much. EEM, a good emerging market ETF.
Finally: Vegas. Craps has the best chance of winning you money.