Thursday, January 28, 2010 - 7:58 AM

How Safe is GE Interest Plus?

The safety of GE Interest Plus Corporate Notes is discussed in this Bogleheads thread. These notes are currently paying 2.20% yield for balances of $50K+, but they are not FDIC insured.

KenBDG5,153 posts since
Nov 29, 2009
Rep Points: 117,134

1. Thursday, January 28, 2010 - 7:11 PM

IMHO too much risk and not enough return.

Anonymous963 posts since
May 9, 2010
Rep Points: 1,953

2. Thursday, January 28, 2010 - 7:24 PM

This is essentially a liquid corporate bond investment. It is a direct loan to a finance company. it is similar to what you give to the bank for opening checking and savings accounts, but it isn't insured.

Anonymous963 posts since
May 9, 2010
Rep Points: 1,953

3. Sunday, January 31, 2010 - 10:51 PM

I've made much more with GE's bonds than would ever on this. Why choose this over their bonds? If they go BK, you are ****ed either way.

Anonymous963 posts since
May 9, 2010
Rep Points: 1,953