Quote:
Originally Posted by jeffporfirio
Being ignorant here.
Can you elaborate on such, "overseas high interest bank accounts"?
Where are these accounts located? How risky are they? What do you consider high interest?
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I have seen some accounts in SE Asia that have higher interest rates. Some are higher than here just based on the local economies and the risks associated are similar. You also have to factor in currency, and with that the gains are likely minimal. (This is an arbitrage free rate, so you have an interest rate that takes into account inflation and currency exchange as well...for anyone who cares)