We'd like to remind Forumites to please avoid political debate on the Forum. This is to keep it a safe and useful space for MoneySaving discussions. Threads that are - or become - political in nature may be removed in line with the Forum’s rules. Thank you for your understanding.

investment in USD - suggestions??

pardal51 Posts: 427 Forumite

9 May 2008 at 4:11PM in Savings & investments

hi all,

I have a term deposit account in USD (cUSD28K) which matures in mid-June. At the moment is paying just over 5%/year. I believe the new interest rate will be really low as the current FED rate @ 2%.

Does anyone know any good investment in USD?

would appreciate comments

This discussion has been closed.

★ ★ ★ Meet your Ambassadors

MSE News

Martin Lewis: We need financial education in EVERY school for EVERY child
Universal financial education – providing young people with the knowledge and experience to thrive in our highly competitive consumer economy – is vital for the future of our society, MoneySavingExpert.com founder Martin Lewis has warned. Addressing an all-party group of MPs and peers at Parliament, Martin told them, loudly and plainly: we need financial education in EVERY school, for EVERY child.
State pension set to rise by up to £460 a year – but Martin Lewis warns it won't help pensioners this winter and most won't get the maximum
The state pension is set to rise by up to £460 a year (£8.80 a week) from 6 April 2025 under what's known as the 'triple lock' guarantee. But MoneySavingExpert.com (MSE) founder Martin Lewis has warned that any rise will come too late to help pensioners set to lose their Winter Fuel Payments this winter, while most won't get the maximum increase. Here's what you need to know.
The Body Shop administration latest – here's what you need to know
Cosmetics retailer The Body Shop has fallen into administration, resulting in almost half of its 198 stores shutting their doors for good and hundreds of staff facing redundancy. Below we round up all you need to know.
Martin Lewis warns council tax debt collection is 'so aggressive it'd make banks blush' – change is needed
Aggressive council tax debt collection practices – even after missing just ONE payment – are putting up to two million people at risk of serious harm, new research from charity the Money and Mental Health Policy Institute (MMHPI) has found. The charity's chair and founder Martin Lewis has called for Government action and urged local authorities to look at their methods in the meantime.
First-class stamp prices to rise by an inflation-busting 22% from 7 October – here's how to beat the hikes
The cost of standard first-class stamps will rise by an inflation-busting 22% from Monday 7 October, Royal Mail has confirmed – but if you buy some now, you'll still be able to use them after prices go up.
Nationwide to hike FlexPlus packaged account fee by £60 a year – should you ditch and switch?
Nationwide will raise the fee on its popular FlexPlus packaged bank account from £13 a month to £18 a month in December, the building society has announced. If you've got the account, it's likely worth sticking with for now – though you should diarise to look at alternatives when the new fee kicks in. Here's what you need to know.
FREE visits to 5,000+ UK historic buildings & heritage sites in September
You can get FREE access to many historical sites and tourist attractions this month including National Trust sites, castles, locations used for TV and film including Pride and Prejudice , The King's Speech , and Bridgerton, and more. It's all part of heritage open days across the UK.
School uniform grants: check if you can reduce costs by up to £200 with support from your council
If you're on certain benefits, such as Universal Credit, you may be able to get up to £200 to put toward the cost of your child's school uniform in the form of a non-repayable grant. We've pulled together a list of the councils that offer the support and how to apply.
McDonald's Monopoly 2024 – when it starts and tips for boosting your chances of winning
There are many versions of the classic Monopoly game these days but one that many fast-foodies look forward to each year is McDonald's Monopoly. If you're going to eat under the golden arches or order a McDelivery, this promo can be a fun way to win a 'free' bite to eat, or if you're lucky, something bigger.

View All

investment in USD - suggestions??

Categories

Is this how you want to be seen?

Get our FREE Weekly email full of deals & guides - and it’s spam-free