indexed

"Those who understand compound interest are destined to collect it. Those who don't are doomed to pay it."

--Attributed to Einstein, I think.


-jsh

I don't know what bank you're using, but it must not be Bank of America :-)

Funny story about that, actually. I had transferred my savings account to ING Direct to get over 4% interest rate on it. When BoA found out, they tried to get me to start up a savings account with them again. I was like "do you understand the difference between 0.1% and 4%??"

- another josh

Yikes. I've got to look into ING. You happy w/ it, Josh? (Sounds like yes.)

:D

-jsh

ING is fabulous.

It's easy and it sure beats the crappy savings rates I could get from any banks around me.

Another vote for ING!