CD Rates
 

Any of you know of some CD rates over 3% under a year and under $100000

good luck wit dat!

I agree with you. I am making more in my savings account.The wife checks every week and it still sucks.:pissed:

did you know LSU isnt in a BCS bowl


oh wait did i hi jack this thread

Oh no problem:thefinger:

I am gonna PM the W with a complaint about hi-jacking threads!!!!:*****::*****::*****:

lol, I like how you called him "the W", that may have to be his new nickname...:*****:

:*****::*****::*****::*****::eek::help:

Here's what I see on FDIC CD's on open market right now (doesn't include local bank CD specials):

3 mo ~ .20%
6 mo ~ .30%
9 mo ~ .50%
1 yr ~ 1.00%
2 yr ~ 2.00%

Def. don't recommend going longer than 2 yrs in todays interest rate environment.

Just to name one.....

If you would have bought MELI 6 months ago......you would have make 100 % profit........doubled your money.

true...and that can be said with a lot of stocks, but comparing stocks to CD's isn't really fair. 2 opposite ends of the spectrum.

i have 7 dollars in quarters on my desk

what do you guys recommend i do with this? haha

buy a pack of condoms ?

Not many with only $7..........:shaking:

Lunch?????

hmmmm
 

Either power ball or slot machine.:*****:

A sense of HUMOR!!!!:D

if u wanna lock it up for a longer period i can get u better than 3.5%.....

Money market or bond funds. ;)

neither.......:)

*
 

maybe an intoductory rate that high, but not for a year, still doubt it-

Money markets are still around 0.02% on average. Some bond funds I use are paying 4.5 - 5% tax free.

3 yr CD's do pay around 3% and if you go 5 yr you can get about 4%. But I really don't recommend going out that long in this interest rate environment. Stay short, so you don't get burned when rates go back up. And they will go up soon, as long as our Prez continues to want to "spend our way out of this economy"

2 big factors.
1. your current age.

2. your goals.

what a 30 yr old and 55-60+ yr old need/want/desire will b drastically differnt.

cd's r great for short term saving, like if u plan of using the money for a downpayment for a purchase or something like that.
they are not a place to stash extra money u have , cause if u ever need it u gonna have to pay a withdrawl fee...... if u get 3 % , 1/3 of that and goes to taxes. alot of people forget that when they buy a cd. im not sayin they r bad, just not for everyone and many people buy em just cause the banks advertise em non stop.