What are my alternatives?
What are the current yields on short-term Hong Kong government debt (the Hong Kong version of Treasury Bills)? Is there a way I can buy short-term Hong Kong government debt?
What banks pay me a higher yield on Hong Kong dollars? Name a few of them. How safe are...
I'm seriously considering an EverBank foreign currency CD ( http://www.everbank.com/001WorldCurrency.aspx?LinkID=Navigation ). I can earn 2.52% APY on a 3-month Hong Kong dollar CD. The reasons:
1. EverBank foreign currency CDs are protected by FDIC insurance. FOREX brokers have no FDIC or...
I recently bought Japanese yen through the Currencyshares ETF FXY. The Economist magazine's Big Mac Index points to other undervalued currencies (Hong Kong , China, Taiwan, Malaysia, Thailand), but none of these are available through an ETF. So it looks like I need to open an account at a FOREX...
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