they must? here is IB rates- http://www.interactivebrokers.com/en/accounts/fees/interest.php TOS- https://www.thinkorswim.com/tos/myAccounts/displayRates.tos
USD is a good bet. The Hypothesis: China and Japan are currently holding majority of US Treasury Securities. They are not going to let USD depreciate and let their investments go to waste. The USD will be heavily influenced by the central banks of both countries. Combining this with the US economy recovering, we will most likely continue to see strong support for the USD throughout and beyond 2010.
Uh huh. Which recovery is that? The one the media and the government (but I repeat myself) keeps telling you about?
Only thing I can think of is ING 1.3 % http://www.ingdirect.com/osa_work/ or maybe a good company with a good dividend Good Luck
My forex manager has been paying 3% per month for the past 9 years for Managed forex account. Our company manages about $80 million.
The question is straight forward. Where he can put his cash so that is RISK FREE and will still grow. There is only one answer, anything that yields interest that is backed by the US Government. It could be an fdic insured savings account or CD. A treasury bond, or even a tip. Anything else entails risk and is not suitable for your objectives.
my answer is also straight forward-click on link i provide and you will find plenty of fdic covered banks with checking accounts around 4%. if you find something better than that-please share,i'm all ears