|
|
| *Home>>>Income Fund |
I have $ 2,500 to invest in cd's. Where to invest? |
I have been doing lots of work on my household budget, projecting income and expenses for the next 3 to 5 years. I am totally debt free including house, and have a big emergency fund, and have an ample amount of money in mutual funds and retirement funds. 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. the beatles cd collection Elvis 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. 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. Hi, i suggest a great site with plenty of Issues related to your investing and everything around it. it also provide clear and accurate answer to many common questions. I have choice for you:- try local bank. rate vary by no mo and they have specials. |
| Tags |
| Investment Account Invest Money Invest in Gold Invest Fund Income Fund HYIP High Yield Hedge Fund |
| Related information |
Revisiting your question, Federal taxes all four securites; State does not tax Treasury Bonds; Local varies with the locality. Municipal Bonds issued by the state you live in are referred to as ... r u serious? ...Buy a 6 month CD. I would NEVER recommend a CD for long term investment. I am suggesting you PARK the money until you have learned enough to answer this question for yourself. During the 6 month... It is never a bad idea to pay off your mortgage early. But there may be better ideas. Look at your current interest rate on the loan. If you can afford to pay it off in less than 10 years, you... first you should get the degree, then get a job with a charitable organisation, eg. Cancer Council or something. Their scientists are paid modestly for looking for cures and stuff. ...1. Thankfully, I never got that far gone. 2. Not any more. 3. I've paid off two auto loans in the past 3 years and now only have a mortgage and $5000 in student loans. 4. No. I'm up to... You need to ask your employer. There are two sets of rules A. The set specified by Congress B. The set specified by your employer. The Federal rules are: - Total contributions may not exce... You probably will have to report it as your income because you are the one who cashed the bonds in. The only thing is that you won't be taxed on the entire amount of the bonds because part of ... |
Categories--Copyright/IP Policy--Contact Webmaster |