Given the way the Dollar is going these days, I think it would be prudent to check out. International Banking It would be wise to diversify into other currencies.
From what I have read about International Bank Transfer services, there is good potential there to protect myself from a collapse in our currency.
The worst case is that the dollar recovers, and my other holdings bounce back.
Until next time.
Checked into the benefits package at my new job today, and it looks like they focus on
SEP IRA Retirement Plans for retirement, instead of the standard 401k plan. Looks like I have some reading to do. I had never even heard about these before today.
I’ve been digging around the net trying to learn more about
Sar Sep Accounts so I can make the right decisions, but I’m a bit clueless when it comes to finance, so it’s been slow going.
Hopefully I’ll be able to set things up and just let them coast after that. I don’t like micro-managing financial stuff.
Bank of America stinks, just so you know. I’ve been using them for years just because they have ATMs all over town, but now I’m checking out online banking. There are much better deals to be had there. I’m particularly fed up with earning .5% interest for the privilege of lending my money to the bank. Enough is enough. Especially in light of the sorts of rates the same banks charge you when they lend you money. I’ve been checking out ING Electric Orange Checking Accounts. They’re a pretty good deal. Low fees, good rates, good access. And I can use any bank’s ATM. I know some people have issues with not being able to meet their bankers in person, but honestly I don’t really care about that. If you’re not earning a good return, you might want to check them out as well.
%HEADER%
Given the growing potential for a collapse in the currency, I’m thinking that it would be good to learn more about
International Banks.
You never can tell what the Fed will do next. Most often, it’s the worst possible course for our currency. I say diversify.
More on this soon.
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You know, I’m sick and tired of getting a lousy rate on my savings. I’ve decided to check out online banks. It’s plain to me that most of the options there are a much better deal than I’ve been getting. Sometimes you have to remind yourself that you are lending your money to the bank with these accounts, and they ought to be paying you. It’s not like you get to charge the bank fees when they loan you money, after all. Specifically, Washington Mutual Online Banking is a great deal. They pay good rates, and don’t charge all of those hidden fees that the big boys are always hitting you with. Who cares if the big banks have more ATMs when they will refund your ATM fees from any other Bank? Now I can use any ATM in town. You might want to look into the benefits of online banking yourself.
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