ING vs. Paypal?
 

Hey all - poker poster but stock market noob here - just a quick question.

My paypal account seems to be giving a rather reliable 3-3.5% interest rate, with easy deposits and withdrawls, no time commitment or minimum deposit - is there a reason i should switch to ING for their ~3% rate instead of keeping a chunk of change in paypal? Are there security concerns?

Thanks,

-DrG

Re: ING vs. Paypal?
 

I don't know of any reason why you should switch over to ING, but if you have more than a little ($500, maybe?) money that you won't be needing in the near future, you really owe it to yourself to learn about the stock market. Over a number of years, it will beat both ING and Paypal, easily.

Re: ING vs. Paypal?
 

knowing DrG he's probably got like $20 in that paypal account and salviating over all that interest he's about to make