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JoeSpareBedroom JoeSpareBedroom is offline
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First recorded activity by BoatBanter: Jul 2006
Posts: 5,515
Default Will losses at Bank of America...

"JimH" wrote in message
...

"Short Wave Sportfishing" wrote in message
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On Tue, 22 Jan 2008 16:09:00 -0800, "Calif Bill"
wrote:


"Salmon Bait" wrote in message
...
On Tue, 22 Jan 2008 15:45:37 -0800, "Calif Bill"

wrote:


"JimH" wrote in message
...

"Short Wave Sportfishing" wrote in message
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On Tue, 22 Jan 2008 14:28:45 -0800, "Calif Bill"
wrote:

Bzzt. FDIC insurance is $250k on IRA's.

Yeah - I just found that out.

Learn something new everyday.

The only CDs I have are joint accounts with the kids - sort of an
insurance policy if you will.

CD's? ROTF.

5.1% is a nice parking place for some money.

I've got a nice 6.25% APR that matures in 2011.

That's something to roll on the floor for!

You can 5.1's with a less than year maturity.


4.9 for three months on an auto rollover.

It's a good place to park some "insurance/emergency" money - something
that you don't take a huge hit on if you have to access it, but earns
something while you wait. It's a perfect vehicle for that type of
assurance that your money is "liquid".


Whatever floats your boat. My *emergency* funds are certainly no in CD's
and are quite liquid.


Where are those funds?