Thread: Bank Loan Funds
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Re: Bank Loan Funds
Old 05-18-2007, 06:01 PM   #4
Thinks s/he gets paid by the post
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Join Date: Jan 2007
Location: Independence
Posts: 2,348
I've plugged $$ into FNBOdirect - a savings account paying 6% on up to 1 million $, rate good till Sept 28. Short term money with pretty quick access and no penalty for early withdrawal. FDIC insured up to $100,000. I like not being locked in at a rate for a long time, though a longer guaranteed rate on their part would be nicer....
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