Lessons from a lifetime of frugality
I haven't priced CD's lately but was planning to look again soon, in hopes that I'd find something reasonable.Those don't look so bad to me given recent interest rates--at least based on the last time I looked, when I concluded that a CD would not be worth it! If I see something better, I'll let you know.
Here in the UK, the best rates are 3.3% (1 yr), 4.1% (2 yr) and 4.6% (3 yr). My credit union is .85%, 1.4, 2.0, 2.3, and 3% (5yr). Don't know if that helps any. Presumably you've maxed out any tax sheltered accounts already?
Better than what my bank or Credit Union is offering.Thanks for reminding me to look around.Darla
@simple--I'm wondering if this is a sign of even higher rates in the near future...@Shelley--Wonder why your rates are higher...I do not understand economics.@seeyou--Let me know if you see anything better...
Just spotted a CD update thing over on Getting Rich Slowly. I'm planning to study his financial education posts carefully!
@Shelley--I just checked the list at GRS and all are far lower than the one I saw. There is a note that the rates are provided by advertisers. I appreciate that honesty. Still--the site provides the blogger with a large income through advertisements (he was making $60,000/yr a few years ago). Hence, I will seek out my own best rates!
Post a Comment