Friday, July 28, 2006
Find the right strategy for building your CD portfolio
These past few days, I've found ads in the newspaper for a three-month certificate of deposit with a 5.41 percent annual percentage yield and a one-year CD yielding 5.56 percent.
Meanwhile, yields of 5 percent or more can be had from several online savings accounts and money market mutual funds, which are completely liquid. So, should you tie up your money in a five-year or longer certificate of deposit just to get paid 5.7 or 5.8 percent?
Find the right strategy for building your CD portfolio
Source: LA Times
Meanwhile, yields of 5 percent or more can be had from several online savings accounts and money market mutual funds, which are completely liquid. So, should you tie up your money in a five-year or longer certificate of deposit just to get paid 5.7 or 5.8 percent?
Find the right strategy for building your CD portfolio
Source: LA Times
Permalink posted by armandn @ 11:00 AM 
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