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Rate Chasing Seems Harmless Enough, But It Can Quickly Become Perilous

Tuesday, December 17, 2013 - 8:10 AM
By Ari Socolow

"A recent experience I had with an online bank after they lowered their online savings rate demonstrates how perilous rate chasing can quickly become."
ShorebreakShorebreak2,700 posts since
Apr 6, 2010
Rep Points: 14,633
1. Tuesday, December 17, 2013 - 8:36 AM
Not only that, but it is a pain in the butt to open up Bank accounts and transfer money when they are part of a family trust.
dpandslemmendpandslemmen29 posts since
Feb 10, 2011
Rep Points: 120