Comments on: ING’s rate will go down again. Ignore it

By: Ramit Sethi

Ramit Sethi — Thu, 07 Feb 2008 02:49:43 +0000

This is such good advice. And when you calculate it out, an extra 1% on $10,000 is about $8/month. I bet you most people who rate jump could spend their time in much better ways.

By: Nut

Nut — Thu, 31 Jan 2008 21:02:12 +0000

I thought of writing a whole thing on switching some money to a high-rate CD because of this rate cut but you lose the flexibility of taking your money out. And for what? A few percentage points? Unless this is just extra cash you have sitting around (and it’s A LOT), I see no reason to tie up the money. Especially since mine is for a down payment. But I like the way you think.

By: Girls Just Wanna Have Funds

Girls Just Wanna Have Funds — Thu, 31 Jan 2008 20:15:56 +0000

What about putting them into a high rate CD?

By: Frugal Dad

Frugal Dad — Thu, 31 Jan 2008 20:01:12 +0000

Great advice! In the words of many a great leader…stay the course!