Comments on: Completely Redesigned High-Yield Interest Rate Page (and Blog Roundup)

By: ChristianPF

ChristianPF — Mon, 28 Jan 2008 18:11:23 +0000

nice list Flexo,
thanks for sharing…

By: Tim

Tim — Sun, 27 Jan 2008 00:12:44 +0000

Check out this site too for a comparison of many of the high yield savings accounts and their rates as of 1/26/08:
http://themoneykings.com/blog/comparison_of_high_interest_savings_account_rates

By: SingleGuyMoney

SingleGuyMoney — Sat, 26 Jan 2008 20:00:26 +0000

The new rate sheet is nice. Thanks!

By: Flexo

Flexo — Sat, 26 Jan 2008 18:18:10 +0000

Rob: The APY takes compounding into effect already, so a 5.0% APY where the rate is compounded daily yields the same as a 5.0% APY where the rate is compounding quarterly (assuming no deposits/withdrawals). (The underlying interest rates/APRs would be different.) That’s why it’s not included in the table.

By: Rob

Rob — Sat, 26 Jan 2008 18:11:07 +0000

I know it is probably nit-picking, but if it is not too much trouble, could you add a column for how often the interest is compounded? Currently the bank with the top rate on the spreadsheet (OneUnited) compounds interest quarterly, whereas another bank further down the list (Emigrant) compounds daily. The difference is probably insignificant in the short term, but I believe myself and others would find it useful to see at a glance.

By: Early Retirement Extreme

Early Retirement Extreme — Sat, 26 Jan 2008 17:44:16 +0000

Rethinking it, I think a better way to put it in terms of goal setting and S-curves, is that in the beginning one should put in large effort rather than start slowly. Time can mostly substitute for assets and it is when one has no assets that most of the time should be spent rather than the other way around.

By: Flexo

Flexo — Sat, 26 Jan 2008 17:20:26 +0000

Peter: The code is on the way. Enjoy!

By: peter

peter — Sat, 26 Jan 2008 17:16:08 +0000

do you have the code for that google spreadsheet – i was thinking about embedding it at my site. thanks!