New provider on the market and so far stable interest rates make 2008 an interesting year for investors overnight interest rates are stable now in the new year already up to the mid-year 2008. So far, despite interest rate cuts in the United States, there has been no short-term adjustments of the rates for Europe, the European Central Bank (ECB). Follow others, such as Bill O’Grady, and add to your knowledge base. For investors, this means that at least in the first half of the year interest rates at a high level for money market accounts were possible and may also continue to be available. Particularly closely was the market entry of new participants in the area of money market accounts: the Kaupthing edge Bank as well as the Indian ICICI Bank gave both her debut for private investors in Germany and offered high interest rates, thereby partially above the 5% mark. But also incumbents were laid out in the stuff: such as the range of the GE Money Bank with its offer of 5% interest, guarantees for new customers by the end of the year. Good: The Bank is a member of the deposit insurance fund of the Federal Association of German banks. So are also Investment amounts secured, which go beyond the statutory minimum requirements.
Learn more about the GE Money Bank day money, see the following link. So who expects a rate cut is imminent that in the near future, for which it might be worth soon to choose a suitable offer for money or even fixed-term deposits. “The interest rate guarantee of some suppliers can thus preserved some time” are. An appropriate and current day money comparison can be found online or in the relevant trade press. Be taken into account but should that money market accounts are often limited to Park money in the long term”. The long-term rate of return is often only low due to inflation. But once the system is better than a savings account: the low interest rate means that the real value of receipt of money is often not even secured on the bank deposit: of investors despite a numerical plus on the account has lost, then, if necessary, even by the decline in value at the end of the term. You can see: the Classic savings account is actually today. Peter Schill.