View Full Version : best interest rates for CD's
tribaljunkee
10-29-2007, 03:35 PM
anyone got some info on dis?
gracias!
poppa pri
10-29-2007, 03:38 PM
anyone got some info on dis?
gracias!
bankrate.com
its a god send...
JustLikeHeaven
10-29-2007, 03:39 PM
bankaholic.com lol
poppa pri
10-29-2007, 03:40 PM
bankaholic.com lol
shutDAfuckUP.com
lol
hi CPT :heythere
JustLikeHeaven
10-29-2007, 03:41 PM
shutDAfuckUP.com
lol
hi CPT :heythere
speaking of websites..what happ to (TG).com??? lmao
poppa pri
10-29-2007, 03:48 PM
speaking of websites..what happ to (TG).com??? lmao
i got it lol just have to set up how we want it to look...i will be in touch with you and your sis soon on how you guys would like it to look and say and ill give you guys passwords to add to the site at your own discretion....obviously shit that only worthy of being TG lol
Benny B
10-29-2007, 03:50 PM
why bother with CD's anymore. you can get the same or better return by putting into money market etc and not be locked into it for a period of time??
JustLikeHeaven
10-29-2007, 03:53 PM
i got it lol just have to set up how we want it to look...i will be in touch with you and your sis soon on how you guys would like it to look and say and ill give you guys passwords to add to the site at your own discretion....obviously shit that only worthy of being TG lol
o ok holla! keep us posted lol
just jess
10-29-2007, 03:55 PM
yeah i was just gonna say...everyone ive ever talked to said a big fat NO to CDs lol
yeah i was just gonna say...everyone ive ever talked to said a big fat NO to CDs lol
Doesn't ING offer great rates on savings accounts? At least with that you don't have a term-period to wait for and you can take out money without penalties, although you should watch out for Reg-D if you have a savings account.
Benny B
10-29-2007, 04:00 PM
Doesn't ING offer great rates on savings accounts? At least with that you don't have a term-period to wait for and you can take out money without penalties, although you should watch out for Reg-D if you have a savings account.
yeah but with those savings accounts you are getting 5%??? not sure but at that rate with the adjustment for inflation you are basically doing nothing with your money... better off investing it into mutual funds and get a decent 12-15%
tribaljunkee
10-29-2007, 04:06 PM
thanks benny
yeah but with those savings accounts you are getting 5%??? not sure but at that rate with the adjustment for inflation you are basically doing nothing with your money... better off investing it into mutual funds and get a decent 12-15%
But with the uncertainty of inflation and a recession in the economy, who would do that? If economists are saying that we are facing another Black Monday (Oct. 19, 1987) then I'm not sure I would make any major financial decisions to invest in anything, IMO.
But back to topic, CD's versus Mutual Funds, I would do both. You never want all your eggs in one basket.
Benny B
10-29-2007, 04:12 PM
But with the uncertainty of inflation and a recession in the economy, who would do that? If economists are saying that we are facing another Black Monday (Oct. 19, 1987) then I'm not sure I would make any major financial decisions to invest in anything, IMO.
But back to topic, CD's versus Mutual Funds, I would do both. You never want all your eggs in one basket.
well im not saying put all your money in one basket.. but id rather have my money in the basket that can earn 12-15 or higher percent and not be locked into anything. i dont see another black monday but i do see big corrections coming... maybe call me "optimistic"
nycxtcgirl69
10-29-2007, 04:16 PM
well im not saying put all your money in one basket.. but id rather have my money in the basket that can earn 12-15 or higher percent and not be locked into anything. i dont see another black monday but i do see big corrections coming... maybe call me "optimistic"
what mutual funds are best to put money into right now?
kimstar
10-29-2007, 04:17 PM
i dont really know much about this, but my parents just invested a lot of money in CD's at bank of america.. my pops told me that BOA's intrest rates are really low right now, and since he and my mom arent not planning on touching the money, every month (for 6 months i think), they should be getting around $300 added on to what they originally invested.
once their 6 months is up at BOA, they'll take their money out, and find another bank with low intrest and do the same.
i'm new to learning all this stuff.. i'm gonna eventually get into it, so im just waiting to see how it works out for my parents this first time around.
So Deeva
10-29-2007, 04:18 PM
yeah i was just gonna say...everyone ive ever talked to said a big fat NO to CDs lol
lmao i was just gona make a post 'jess stop reading this thread' :lostit
just jess
10-29-2007, 04:19 PM
lmao i was just gona make a post 'jess stop reading this thread' :lostit
see ...you taught me well :shuffle
now teach me more bitch!! LOL
poppa pri
10-29-2007, 04:20 PM
what mutual funds are best to put money into right now?
if you buy a mutual fund i will punch you in the vageen
nycxtcgirl69
10-29-2007, 04:22 PM
if you buy a mutual fund i will punch you in the vageen
i need a financial advisor
So Deeva
10-29-2007, 04:23 PM
i need a financial advisor
:heythere
So Deeva
10-29-2007, 04:29 PM
i dont really know much about this, but my parents just invested a lot of money in CD's at bank of america.. my pops told me that BOA's intrest rates are really low right now, and since he and my mom arent not planning on touching the money, every month (for 6 months i think), they should be getting around $300 added on to what they originally invested.
once their 6 months is up at BOA, they'll take their money out, and find another bank with low intrest and do the same.
i'm new to learning all this stuff.. i'm gonna eventually get into it, so im just waiting to see how it works out for my parents this first time around.
CDs are retarded if you are not using the money in the short term. whatever shitty rate you are getting is going to get beat up after fed, state, and local taxes so your real return is squat (just about equal to the rate of inflation-things get more expensive not cheaper, u either have to make more money or make your money worth more). thats why people invest their money (not to lose their money per se but to make more money... in turn keeping up with the change in rising prices.
nycxtcgirl69
10-29-2007, 04:31 PM
:heythere
HELP!! i have 3 savings accounts with mucho dinero, and i need better interest rates, im not looking to do anything with the money for a while
Benny B
10-29-2007, 05:00 PM
what mutual funds are best to put money into right now?
in my opinion with the status of the market currently
25% into each of these four types of funds:
Growth
Growth & Income
Aggressive Growth
International
So Deeva
10-29-2007, 05:06 PM
HELP!! i have 3 savings accounts with mucho dinero, and i need better interest rates, im not looking to do anything with the money for a while
right now:
emerging market funds & growth funds (funds that own stocks like apple and google). oh and if you have a bit more money to play with, commodities.
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