Join Early Retirement Today
Thread Tools Search this Thread Display Modes
Re: Everbank Icelandic CD 8.24%
Old 03-05-2006, 04:50 PM   #21
Thinks s/he gets paid by the post
retire@40's Avatar
Join Date: Feb 2004
Posts: 2,670
Re: Everbank Icelandic CD 8.24%

Do other countries offer something similar to our FDIC protection on bank accounts?

I've often considered putting some cash in a high interest rate stable foreign country, but only if the bank had some kind of deposit insurance that would cover a foreign investor.

No man is free who is not master of himself. --- Epictetus
Enjoy Yourself (It's Later Than You Think). --- Guy Lombardo
retire@40 is offline   Reply With Quote
Join the #1 Early Retirement and Financial Independence Forum Today - It's Totally Free!

Are you planning to be financially independent as early as possible so you can live life on your own terms? Discuss successful investing strategies, asset allocation models, tax strategies and other related topics in our online forum community. Our members range from young folks just starting their journey to financial independence, military retirees and even multimillionaires. No matter where you fit in you'll find that is a great community to join. Best of all it's totally FREE!

You are currently viewing our boards as a guest so you have limited access to our community. Please take the time to register and you will gain a lot of great new features including; the ability to participate in discussions, network with our members, see fewer ads, upload photographs, create a retirement blog, send private messages and so much, much more!

Re: Everbank Icelandic CD 8.24%
Old 03-05-2006, 04:54 PM   #22
Give me a museum and I'll fill it. (Picasso)
Give me a forum ...
cute fuzzy bunny's Avatar
Join Date: Dec 2003
Location: Losing my whump
Posts: 22,697
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.
cute fuzzy bunny is offline   Reply With Quote
Re: Everbank Icelandic CD 8.24%
Old 03-06-2006, 06:34 PM   #23
Confused about dryer sheets
Join Date: Mar 2006
Posts: 5
Re: Everbank Icelandic CD 8.24%

If you are looking at higher "interest" returns, try something like Fidelity New Markets Income(FNMIX) or Pimco Emerging Markets Bond(PEMDX) or Loomis Sayles Global Bond(GLBLX), these are all Int'l Bond funds that have extremely good returns in a diversified bond portolio. I think that FNMIX is not tied to the dollar either, but is hedged somehow so that it is in dollar denominated currency(not foreign, ie. no currency risk)
HardCharger is offline   Reply With Quote
Re: Everbank Icelandic CD 8.24%
Old 05-15-2006, 02:50 AM   #24
Full time employment: Posting here.
Join Date: Dec 2004
Posts: 714
Re: Everbank Icelandic CD 8.24%

Perusing some old threads ...

I have a buddy who put about $100K in New Zealand CD's ... paying reasonable interest (comparable to U.S.), picking up additional returns from currency moves, and ... he has considered retiring there.* Tells me that (at least a few years ago), having assets in country aided his potential immigration plans.

[EverBank offers some interesting diversification potential ... ignoring specific currency plays. Looked st some old threads ... appears EverBank is for real, dependable, ala EmigrantDirect.]

Craig is offline   Reply With Quote

Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are Off
Pingbacks are Off
Refbacks are Off

Similar Threads
Thread Thread Starter Forum Replies Last Post
Everbank seems to be a class act. GTM FIRE and Money 0 03-03-2005 06:24 PM
Everbank??? Beachbumz FIRE and Money 6 10-11-2004 02:21 PM

» Quick Links

All times are GMT -6. The time now is 03:07 PM.
Powered by vBulletin® Version 3.8.8 Beta 1
Copyright ©2000 - 2019, vBulletin Solutions, Inc.