Home › Forums › Financial Markets/Economics › Charles Schwab?? › You could purchase cds in
You could purchase cds in other countries with higher interest rates. Everbank lets you do this: http://www.everbank.com/001CurrencyCDSingle.aspx?LinkID=Body1 For example, New Zealand 3-12 month cds yield over 6% right now.
If you have direct access to a NZ bank (rather than going through Everbank) it’s even better, currently 8.9% for a 12 month term deposit: http://www.westpac.co.nz/olcontent/olcontent.nsf/Content/Term+investment+rates?OpenDocument&refr=rates
Beware of exchange rate risks, of course.
