Comments on: Keep My Money Safe and Let It Grow

By: Get 4% or More Return for Your Money

Get 4% or More Return for Your Money — Fri, 31 Oct 2008 14:15:30 +0000

[...] 4% on cash. Some of the deals, both savings accounts and CDs, have already been mentioned in my Keep My Money Safe and Let It Grow post some time ago. One surprise to me is UFB Direct, which also offers 4.0% APY for its Traveler [...]

By: Festival of Frugality #146 - Aridni

Festival of Frugality #146 - Aridni — Wed, 15 Oct 2008 05:23:10 +0000

[...] Sun presents Keep My Money Safe and Let It Grow. [...]

By: How Safe Are My Banks?

How Safe Are My Banks? — Tue, 14 Oct 2008 14:59:29 +0000

[...] other four banks are online banks offering better interest rates so that we can use these banks to grow our money. The Bankrate ratings of these banks [...]

By: Fed Lowered Interest Rate in an Attempt to Halt Stock Market Free-fall

Fed Lowered Interest Rate in an Attempt to Halt Stock Market Free-fall — Fri, 10 Oct 2008 14:58:33 +0000

[...] time to lock in a good CD rate before it’s gone. You can find some good CD deals in my keep my money safe [...]

By: ING Direct Lowered Orange Savings Account Rate to 2.75% APY

ING Direct Lowered Orange Savings Account Rate to 2.75% APY — Thu, 09 Oct 2008 14:23:34 +0000

[...] from banks you use everyday in the coming days if not weeks. Seriously, if you want to lock in a good CD rate when it’s still available, the time to act is [...]

By: Lacey

Lacey — Mon, 06 Oct 2008 22:07:35 +0000

This was a great post! There is so much turbulence in the market today, and people need peace of mind more than ever. I wanted to offer your readers a link to another blogger who is doing great work. He writes about our ‘childhood money messages’ and how the best approach to stability in today’s market is to resist letting these emotions control our buying/selling habits. It is really fascinating work, and something you should all check out. His name is Spencer Sherman, and you can view his blog at http://www.curemoneymadness.com/blog.

By: Tim

Tim — Mon, 06 Oct 2008 21:50:52 +0000

Sun: see, in my attempt to make the distinction between MMF and MM accounts I erroneously made the mistake I was trying to avoid. My tax exempt MMF yield right now like everything else has increased, go figure. Coupled with the higher yield plus tax exempt, that’s a pretty good deal to get taxable yield over 6%.

By: Sun

Sun — Sat, 04 Oct 2008 00:20:39 +0000

Tim: Money market mutual funds are not insured, but if you open an money market account at a bank just like opening a savings account, then that’s FDIC insured. I have never bought any MMF because of the yield. But tax-exempted fund may worth a look.

By: Tim

Tim — Fri, 03 Oct 2008 17:38:20 +0000

there are two different types of money market funds though, one is fdic insured the other aren’t. if the bankis sound, chances are the non-fdic money market fund they offer is fine. i have been keeping money in my non-fdic insured tax-exempt money market fund. if you are looking at the nice cd rates, do them now, because once banks start lending to each other again, those will go away unless fed starts increasing its rates. i’m just to giddy about the market being down and the low cost of funds and stocks to lock my money in at 4% in a cd though. i get higher return and flexibility with the tax-exempt MMF while i’m deciding what fund and stock to buy next. i’m taking a bit of a gamble because i’ve depleted my cash reserves quite a bit because i’m on a buying spree.

By: Friday Finance Findings for September 26th : Generation X Finance

Friday Finance Findings for September 26th : Generation X Finance — Fri, 26 Sep 2008 16:15:07 +0000

[...] Keep My Money Safe and Let It Grow – Your savings should be safe. After all, it is there in the case of an emergency, so it should be safe. So, The Sun examines a handful of the most common places you can safely stash your money away and let it grow. [...]

By: Midweek Roundup: Davy Crockett Edition | Frugal Dad

Midweek Roundup: Davy Crockett Edition | Frugal Dad — Wed, 24 Sep 2008 18:01:06 +0000

[...] Keep My Money Safe and Let It Grow. An excellent review of available options for your money, including CDs, money market accounts, Treasury Bills, etc. (@Sun’s Financial Diary) [...]