Thanks, yeah, I was. But it's not my money, so shrug. Just wanted to always remind him of the "rules". GL whatever you decide to do OP.
New Zealand paper you lose a little on the dollar rally but you get 8.60% for short term paper. http://www.bnz.co.nz/Personal_Solutions/1,1184,1-2-123-3948,00.html
there is no liquidity in munis. not at all. and they all(most of them) traded @ pretty good premiums. so -if you try to exit you may have loss waaay greater than you ever expected. as for those..dividends are good,but i wouldn't compare them with CD's.take a good look at the charts.
working capital = current assets minus current liabilities Working capital allocated to an interest-bearing vehicle generates income under "Cash Flow from Financing Activities."
i'm almost certain, they not going to open an account for non residents. even better deal in SA(and they do open accounts for non residents,we did talk about it on ET not so long ago)- http://www.standardbank.co.za/SBIC/Frontdoor_06_01/0,2378,3447_1107546_0,00.html
Not a good idea now. The time to enter the kiwi and switch to the aussie passed by some time ago. regards f9
Did you expect high yield without the risk? :eek: PS The charts you posted do not reflect real return (reinvestment of dividends)
You are forgetting Day-to-Day in your definition. Sounds like you have general operating cash (probably just cash, like anyone has, but..). If it were a true working capital ETFs and such would not be liquid enough. How long does it take for you to sell an ETF, get the cash and then transfer and clear that cash to a client? -either way good luck
I actually have spoken to them about moving some $ over there they will open an account for Americans you just have to fly over there and open it, as far as the Kiwi is concerned the amount of $ you lose in exchange is still better than the 5% the OP is losing out where he is at right now. (3.5% yield) For three months you will not lose that much in exchange. SA as Iceland is a much riskier bet than an asset which is considered as safe as US Treasuries there are only four UK, Euro and Aussie paper in this category which was specified by the OP.