(no subject)

[which_chick]

I was at the Sheetz the other day and I noticed that they sell no-bake cookies at 3 for a dollar. Since they don't cost that much to make and they don't take a lot of time to make, I think they're perhaps on to something. My new road to wealth will be based upon making no-bake cookies and selling them at three to the dollar.



In other news, it's time for more finance. Turns out that ING Direct is offering 4.75% until April 15 on new deposits. They started doing this in mid-January, but I just noticed it now because I was busy doing my Roth thing with January and that was sort of my finance effort for the month. Anyway, despite being half a month late to the party, that's still not a bad deal and if you have any extra money lying around the place, might not be a bad idea to dump it into the ING account that you, of course, already have. I shuffled some of my filthy lucre out of Emigrant Direct (my other online bank) because it's only clickiting and fairly easy to accomplish. It's not like this takes actual *work* or anything.

Comments

[fooliv.livejournal.com]

Yeah, I noticed on Friday, I meant to mention it to you, but got busy with other things & forgot. I just finished squeezing the last bit of liquidity out of my checking account to take advantage. Now I'm regretting the shorter-term CDs I've gotten through ING in the last three months... *why* exactly are they discouraging purchase of their CDs in this fashion? I mean, all I'm going to do is park until April 15th, and then shuffle into their CDs anyways, but they're really not giving me much of an incentive beyond my own inertia & disinclination to scatter my funds across half the Interweb.

[which-chick.livejournal.com]

Banks do this sort of thing fairly regularly to draw in fresh deposits. Since the vast bulk of normal humans do not rate-chase as aggressively as I do, running a promotional rate sucks people in and those people subsequently forget to move their money elsewhere when the promotional rate expires. Inertia works to the bank's advantage in this sort of thing.