CDs Archives

Jan27
The decreasing returns of CD's and money markets
With their 75 basis point rate cut last week the FOMC likely helped the economy in the long run, but they certainly didn't help the returns on certificates of deposits, money market accounts, or checking accounts. As soon as the...
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Dec 2
CD's becoming less viable investment choice as CD rates drop?
With interest rates dropping, and CD rates falling in reaction to those interest rate drops, are CD's becoming a less viable investment choice? Through the past few years we have been in a period of impressive yields from certificates of... Continue Reading
Sep22
CD rates begin to drop, likely to fall farther
After the Federal Reserve moved to lower interest rates by 50 basis points on Tuesday, banks around the country began to lower the rates on their Certificates of Deposit as expected. Last month GrowYourFunds urged readers to lock in those... Continue Reading
Aug18
Lock in those long-term CD Rates now
After the Federal Reserve announced the lowering of the discount rate yesterday morning most economists believe that a quarter point cut in the Federal Funds rate is highly likely in the FOMC's September monetary policy meeting. As I mentioned in... Continue Reading
Aug 5
Best CD rates and CD investments available
The current picture in the CD rate world. The best options available to consumers looking for certificates of deposit. Continue Reading
Aug 4
Certificates Of Deposit for 529 Accounts??
As states compete with each other to bring in 529 money for college education they have begun to add features.  The latest addition is to allow savers to buy CDs (Certificates of Deposit) in their 529 account.  The FDIC decided... Continue Reading
 


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