FDIC
Never Keep All Assets in One Institution
Financial Institutions frequently try to convince investors that it is great to hold everything under one roof, despite the fact it is a terrible idea. The most frequent sales pitch seems to be that it creates ease of record keeping. They often have attractive portfolio allocation monitoring tools with all sorts of charts and graphs. …
Increase Your Interest Earnings with an Online Savings Account
Opening a savings account through an online bank eases the pain of low interest rates. They pay at a level that is considerably higher than that earned through traditional institutions like Bank of America or Chase. They can do this, they say, because they do not carry the overhead related to maintaining a branch network. …