India Fund Inc. (IFN) Rights Offer
Shares from the India Fund Inc. (IFN) rights offer deposited in my Scottrade account today, one day before the close of the offer. Oversubscribed shares have not yet been deposited,
India ETF Coming
Recently I read reports that PowerShares plans to introduce an India ETF in the US based on the Halter Index (HXI). However, HXI is not really an India Index. It
Ease of Merging Credit Cards
I have merged several credit cards from the same bank into a single card in the past. It was always done instantly and the merged card had the combined credit
Comparison of Credit Card Online Account Management
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),
Continue readingComparison of Credit Card Online Account Management
India Fund Inc. rights offer and Scottrade
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
Virtual Bank offers 5.13% APY – The highest so far
has the highest APY, I have found so far since the Fed last raised rates. 100$ to open and no mimimum balance.
HSBC Direct now offers 5.05% APY
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!
4.87% APY Savings!!!
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,
Amboy Direct
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
India Fund Inc. Rights Offering > 32% Return
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
Continue readingIndia Fund Inc. Rights Offering > 32% Return