Quick Hits: Trusting an online bank. What “organic” means. Legos are impressive.
I’ve been trying to figure out where I should stick our Emergency Fund to get a little bit better return. I know it isn’t supposed to be an investment, but it is a sizable chuck of change, and I don’t want it to sit an languish at the lowest interest rate possible while we wait for the next crisis. Maybe an online bank is a possibility. Their interest rates tend to be higher, they’re FDIC insured, and you don’t sacrifice accessibility…but my inner Luddite is having trouble with a bank that you can’t physically walk into. Am I being foolish?
The trend towards food labeled “organic” is interesting, especially if you actually take time to learn anything about what “organic” means. For example, when a food is labeled “organic,” it doesn’t mean that it hasn’t been treated with pesticides. In fact, it doesn’t even mean that it’s been treated with less pesticides than non-“organic” food, or even less toxic pesticides than non-“organic” food. The truth is, an “organic” label has nothing to do with being healthy, it just means that the grower jumped through all the hoops that are required to be certified as “organic” by the governing bureaucracies, which doesn’t always result in what you’re thinking when you read “organic.” So, maybe you want to research and rethink your decision. You can eat organic (AKA ‘carbon-based’) food without paying the “organic” (AKA ‘bulls**t-based’) prices.