Online Savings Accounts = High Rates
Here are some great options for 5% APY returns on FDIC-insured bank accounts:
HSBC Direct: 6% til April 30th, 5.05% thereafter.
Emigrant Direct: 5.05%
ING Direct: 4.5% with $25 sign-on bonus (so it comes out to about 5%. You need a referral…)
Amboy: 5.25%
Capital One: 5%
Remember, these are risk-free rates!
September 14th, 2008 at 8:50 am
There are some interesting articles at 10yield.com on how to build a high-yield dividend portfolio. I think there are a lot of opportunities to invest in large-cap stocks which just a couple of years ago had low paying dividend yields, but now due to the current market conditions seem much more attractive.