I opened one of these accounts on the internet and am considering depositing 250K into it. IndyMac is FDIC insured and I list my other family members as beneficiaries to insure the full amount.
However I am thinking that putting all of my eggs into one basket might not be so good -- altho it is only 3 months and I can't find a better rate anywhere else.
Ideas? T bills? Baselle?
I don't need to get my hands on the interest. It can compound away freely.
Indy Mac 3 month CD at 4.25 APY
February 20th, 2008 at 07:28 pm
February 20th, 2008 at 07:48 pm 1203536931
June 14th, 2008 at 11:36 pm 1213482991
July 7th, 2008 at 11:08 pm 1215468519