Bank Good Bad Overall (out of 5) Citibank Easy To Use No Bill Pay, No Automatic Recurring Payments to Card 3 Chase Very Easy to use (even with multiple accounts), Can setup automatic recurring payments exactly on due date No Bill Pay 5 Providian Very Easy to Use, Can setup Automatic payments exactly on due…
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I have my account at Scottrade and the India Fund Inc. (IFN) rights got deposited today (instead of last Monday). I called up Scottrade (Richmond) because rights offer subscriptions can only be done on the phone but they can’t do anything about the offer now because ‘it is not in their system yet’. Last year,…
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has the highest APY, I have found so far since the Fed last raised rates. 100$ to open and no mimimum balance.
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HSBCDirect has raised its rates to 5.05%, while EmigrantDirect has raised them to 5.00%. The other banks from my previous posts have also raised rates. Amboy has raised them to 5.05% and Presidential Bank has them at 5.12%!! Enjoy!
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I did a quick search for Amboy and found a bank that beats even 4.75% APY. Presidential bank offers a 4.87% APY account that requires a minimum of $5000 to open, however there are no fees if your account balance falls below 5000. However this rate is only offered if your account balance is below 35000$.
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I had never heard of Amboy Direct (or their parent Amboy) until I saw an ad today in Google. They offer a no fees, no minimums, savings account that offers 4.75% APY. Interestingly, I couldn’t easily find this from the bank’s main page, which offers another esavings account which is only 4.10%!! I have no…
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The India Fund Inc. announced its rights offering on Friday. Shareholders as of 3rd of July receive 1 right per share. For every three rights you can buy one share of IFN at 95% of NAV on Aug 4. As of Friday (16th Jun), the premium on IFN was 32%. Assuming this premium stays high until Aug 4, you have a significant return for using the rights offer to buy more India Fund.
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India Fund is up almost 5% despite another drop in the Indian Indices, with the BSE ending below 9000. This generally indicates a positive start tomorrow for Indian indices. INTC and AMD, both of which I mentioned yesterday are up over 3% after analyst upgrades. Panera Bread, unfortunately is down to 61$, but well can’t have it all go up in a day, can I?
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Intel Stock has been in the doldrums for a while. I figured 19$ was a bottom and acquired some INTC making it my third largest holding. Now it is sitting just over 17$, however I am hanging on to it. Average Analyst expectation according to Yahoo Finance is $23.81. My expectation is higher. With a…
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Target corp, one of my long term Large Cap holdings, has an average analyst price target of 62.50 according to Yahoo (it has been that much for a while now and TGT did touch $60 once). Recently Lazard Capital Markets upgraded its own target for Target to $63! Currently TGT is just under $50, a…
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