Re: Everbank Icelandic CD 8.24%
I wonder what the risk profile/interest rate comparison would be between one of these currency CD's, some 'high interest rate stable foreign country's bank', and something like vanguards high yield corporate bond fund...
Be fearful when others are greedy, and greedy when others are fearful. Just another form of "buy low, sell high" for those who have trouble with things. This rule is not universal. Do not buy a 1973 Pinto because everyone else is afraid of it.