Archive for 1 November 2007

Fed Cuts Rate Again, and I Don’t Care

Posted 1 November 2007 by
Tagged As: | Categories: Goals, Mutual funds, Savings, The Fed | Comments Off

Earlier this week the Fed slashed the Funds Rate another 0.25%., which means that savings account rates nationwide will undoubtedly begin another session of racing toward absolute zero. ING Direct seems to be leading pack, as their rate just dropped down to 4.2% APY. Guess what? I don’t care. Ever since I simplified my setup, [...]