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re: are cd's a good idea?

Posted on 8/22/16 at 11:08 pm to
Posted by Twenty 49
Shreveport
Member since Jun 2014
18825 posts
Posted on 8/22/16 at 11:08 pm to
Capital One 360 (formerly ING) pays .75 percent now on savings of any amount. Their new money market account pays 1 percent on balances over $10k. Withdraw whenever you want.

You can't do much better with most CDs these days.
Posted by TJG210
New Orleans
Member since Aug 2006
28366 posts
Posted on 8/23/16 at 1:36 am to
I recently purchased a cd, that's guaranteed a 1-3% return, but is also tied to the stock market where I can net however the market plays out uncapped. I do have my money tied up for 6yrs, and minimum investment is $10k. But my principal as well as my interest base is guaranteed.
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