This thread couldn't have come at a better time. I am really thinking of putting my money elsewhere.
Right now I have $4,000 in a checking account (I know). I have $6,000 in mutual funds.
I'm thinking of putting $3,500 (from my checking) into some kind of savings account. I am thinking of ING or Emigrant. ING is at 4.4% and Emigrant is at 5.15%, but people seem to prefer ING for some reason.
I also came across this site that has 3 month CD's that compound daily at 5.15% http://www.wfb.com/Personal_Banking/CDs_and_IRAs/cd_rates.htm
What do you guy's think I should do? I am also thinking about putting my mutual fund money into something like this. People tell me not to mess with my mutual funds, but in 4 years I have made like $300.
You have no frame of reference, Donny. You're like a child who walks into the middle of a movie...