Coop: Thanks for the lead on the Credit Unions. I’ll have to check them out and see what we’d have to do to join. Maybe there’s one that likes Biologists and stay at home moms. :>)
Sheila: Good idea on Countryfried. I suppose as long as the money is under the FDIC limits we’re o.k. even if the bank falls to bits…something to think about.
The husband has been trying to figure out how to get interest paid in British Pounds..he’s even jokingly thought of diverting to the UK from his next trip to Norway to open an account at The Bank of Scotland…maybe your FXE idea will work for him. It does make sense and the dividend is more than any CD I can get right now.
There’s nothing magical about two years. We just want to be ultra conservative while we wait and see how the US economy shakes out after a new Prez enters office, the possiblity of ending the war in Iraq (if Obama wins and sticks to his promises), the housing drama, etc.
Also, I may be back at work by then since our daughter will be a Sophmore in High School, so my income could be invested more agressivly or offset a more agressive investment plan for our current “nest egg” of 150K. We’re really just trying to lay low waiting to see where the chips fall, we’ve not got the stomach for the agressive stuff right now while things are so hairy.
