Comments on: ING Direct: Still My High Yield Savings Account Of Choice http://amateurassetallocator.com/2009/11/02/ing-direct-still-my-high-yield-savings-account-of-choice/ Amateur Asset Allocator Tue, 16 Mar 2010 02:54:46 +0000 http://wordpress.org/?v=2.9 hourly 1 By: Why I Ditched My Vanguard Money Market Fund In Favor Of ING Direct - Amateur Asset Allocator http://amateurassetallocator.com/2009/11/02/ing-direct-still-my-high-yield-savings-account-of-choice/comment-page-1/#comment-7139 Why I Ditched My Vanguard Money Market Fund In Favor Of ING Direct - Amateur Asset Allocator Mon, 08 Feb 2010 11:02:31 +0000 http://amateurassetallocator.com/?p=2812#comment-7139 [...] I hold my emergency fund at ING Direct, which is yielding 1.2% as of this writing.  Not only that, but my account is 100% FDIC-insured to [...] [...] I hold my emergency fund at ING Direct, which is yielding 1.2% as of this writing.  Not only that, but my account is 100% FDIC-insured to [...]

]]> By: Kevin M http://amateurassetallocator.com/2009/11/02/ing-direct-still-my-high-yield-savings-account-of-choice/comment-page-1/#comment-5995 Kevin M Tue, 03 Nov 2009 14:22:14 +0000 http://amateurassetallocator.com/?p=2812#comment-5995 I recently opened an ING account to get a couple bonus payments and decided to stick around since it's paying more than my Vanguard Prime MMkt fund. I recently opened an ING account to get a couple bonus payments and decided to stick around since it’s paying more than my Vanguard Prime MMkt fund.

]]> By: my2fish http://amateurassetallocator.com/2009/11/02/ing-direct-still-my-high-yield-savings-account-of-choice/comment-page-1/#comment-5987 my2fish Mon, 02 Nov 2009 18:38:32 +0000 http://amateurassetallocator.com/?p=2812#comment-5987 I have had an ING account for a LONG time, and love their setup. The online interface is fantastic, the ability to make several sub-accounts is so easy, and great for keeping track of different things (I keep a sub-account for each of my 3 boys). I only question your point on them being stable... latest news I've read is that ING Direct (the US portion) is going to be divested (sold off) in the near future... and I'm not sure what effect that will have on their interest rates as well as website setup. I'm leaving my money there (for now), but it is definitely concerning for the next few months. <a href="http://www.ing.com/group/showdoc.jsp?docid=417610_EN" rel="nofollow">ING press release</a> <a href="http://www.nrc.nl/international/article2401602.ece/ING_Direct_was_source_of_success_and_problems_for_Dutch_bank" rel="nofollow">link to article about why ING is divesting here</a> I have had an ING account for a LONG time, and love their setup. The online interface is fantastic, the ability to make several sub-accounts is so easy, and great for keeping track of different things (I keep a sub-account for each of my 3 boys).

I only question your point on them being stable… latest news I’ve read is that ING Direct (the US portion) is going to be divested (sold off) in the near future… and I’m not sure what effect that will have on their interest rates as well as website setup. I’m leaving my money there (for now), but it is definitely concerning for the next few months.

ING press release
link to article about why ING is divesting here

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