Uh oh - offshore CDs are back - Saab General Bulletin Board - Saabnet.com
The banner above is an advertisment - if it asks you to download software, please ignore.
Site News -
4/9 Saab Owners' Convention Day Pass Raffle |
3/26 M Car Covers (by State of Nine)
[General |
Members |
C900 |
9000 |
NG900 & OG93 |
93 |
95 |
NG95 |
99 |
Sonett |
Vintage Models |
Clubs |
Other Cars |
FAQs |
Gifts |
Member Photo Galleries |
Member Directory |
Classifieds |
Manuals |
*Buddy Registry |
*Mileage Registry |
Polls |
What's New |
Raffle |
Photo of the Month |
Sponsors]
[Main General Bulletin Board | BBFAQ |
Prev by Date | Next by Date | Post Followup ]
Member Login / Signup - Members see fewer ads. - Latest Member Gallery Photos
Uh oh - offshore CDs are back
Posted by Geoff (more from Geoff) on Sun, 1 Apr 2007 12:00:01
In Reply to: Very very long...options and alternatives, R.T., Sun, 1 Apr 2007 11:19:58
Members do not see ads below this line. - Help Keep This Site Online - Signup
Be very careful. Foreign banks pay higher interest rates on offshore deposits because their home currencies are weaker than the dollar. You are also subject to exchange controls at maturity and other forms of what we (domestic) bankers call "political risk." A lot of people lost big time on Mexican bank CDs awhile back making the same yield play: 13% return on CDs was too good to be true. For a reason. More yield means more risk, nothing simpler than that. Of course, YMMV.
Posts in this Thread:
- General Tax (IRA) Advice sought, SPO, Sun, 1 Apr 2007 10:12:48
- Here's what I'm doing - should work for you too, Rod , Tue, 3 Apr 2007 10:03:39
- Don't think traditional IRA would do anything for you.., TKC, Mon, 2 Apr 2007 11:51:06
- Save as much as possible, JMJ in NC, Mon, 2 Apr 2007 06:23:58
- ..should have said, 401K is already maxed out each year, SPO, Sun, 1 Apr 2007 12:28:20
- Very very long...options and alternatives, R.T., Sun, 1 Apr 2007 11:19:58
Members do not see ads below this line. - Help Keep This Site Online - Signup
Post a Followup
No Site Registration is Required to Post - Site Membership is optional (Member Features List), but helps to keep the site online
for all Saabers. If the site helps you, please consider helping the site by becoming a member.
StateOfNine.com
|
SaabClub.com
|
Jak Stoll Performance
|
M Car Covers
|
Ad Available
|
Random Saabnet.com Member Gallery Photos (Click Image)
This is a moderated bulletin board - Posting is a privilege, not a right.
Unsolicited commercial postings are not allowed (no spam). Please, no For Sale or Wanted postings, SERIOUSLY.
Classifieds are to be listed in The Saab Network Classifieds pages.
This is a problem solving forum for over 250,000 Saab owners, so expect to see
problems discussed here even though our cars are generally very reliable. This is not an anything goes
type of forum. Saabnet.com has been a moderated forum since 1988. For usage guidelines, see the
Saabnet.com Mission and Purpose Page. Please remember that you are
not anonymous. Site Contact | Site Donations | Other Sites by SP -
Poverty2Prosperity.org | Run Club Menlo Park | ScreenBot
Site Members do not see red text instructions, bottom of the page anchor ads, or box ads.
Click here to see all
the Site Membership Benefits!