I have $ 2,500 to invest in cd's. Where to invest?
I still have a minimum of $ 2,500 that I want to put into CD's, probably a 1 year Cd. Where do I find the absolutely higher interest that I can put this money ? Search internet sites for best rate? Take whatever my local bank is offering on cd's ?
Answer:
My stock broker is offering one 1 year cd that pays 5.2% as the highest offering. Most are quoted at 5%. 6 mo t-bills pay 5% currently. That will give you a benchmark to shoot for.
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try ING
I wouldn't trust the internet as far as i could throw it (which isn't very far). Your local banks will offer good interest rates, I think they are about 4% APR right now in my neighborhood. The interest rate won't go up until $100,000. Shame, huh? Good luck, just call around.
Hi..if you can take a few minutes and let your fingers do the walking via the phone for you this is a simple answer. Call all your local banks and Credit Unions <they actually pay higher interest> and ask for their rates. Write them down when you are finished collecting the information look and see who gives you the best return.
Just a small percentage of interest difference will eventually make a difference over time. Check out the rates on the website below; however, make sure to thoroughly check out any out of state bank you choose to be on the safe side. BankRate is highly praised in the financial industry.
Survey says......try your local credit union. Their interest rates are usually higher than banks, because credit unions are not out to make a profit like banks.
I bet you haven't tried this offshore investment fund which guarantees a total 300% return on investment after 450 days. The return averages 20% per 30 days. Dividends are withdrawable or can be reinvested after every 30 days but principle stays until end of term.
Interesting isn't it?
To know how it works and learn the details, please visit the source website.
Yes, search the internet, but you'll find that right now the 1 year CD's pay about the same as some Money Market accounts. I'd put it into a money market account so you can have the liquidity or you can take advantage of higher rates if that happens.
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try local bank. rate vary by no mo and they have specials.
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