Originally Posted by Gary D
7 years is s long time to sit on you dollars waiting for a better rate. The difference in rates over that period of ime is meaningless, inflation would have more than erroded the difference.
Sorry Gary, have to disagree. I'm not necessarily talking about waiting for the best rate in a 7 year period, but taking advantage of short period swings. I was watching the rate last year waiting for the optimum rate and transferred a large sum first week of October. The difference over just a 3-6 month period was significant. Inflation will be a factor regardless of when you make the transfer, so doesn't enter into the equation.