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Thread: CD's

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  1. #1
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    CD's

    Anyone buying CD's these days? I checked out CitiBanks rates and they were around 2.5% for an 18 month term. Sounds kinda shitty to me.

    Was asking my Dad about this the other day and he was reminiscing years ago when CDs paid 6-7% returns. I guess thats why they call them the "good old days."

  2. #2
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    Nah no point in tying up ur money at those rates

  3. #3
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    Quote Originally Posted by GeorgeJung5 View Post
    Anyone buying CD's these days? I checked out CitiBanks rates and they were around 2.5% for an 18 month term. Sounds kinda shitty to me.

    Was asking my Dad about this the other day and he was reminiscing years ago when CDs paid 6-7% returns. I guess thats why they call them the "good old days."
    it wasn't the long ago when they were even 5%... for a 9 month...

  4. #4
    JMB
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    Ally Bank seems they have some great rates right now. Still around 2% though. and no penalty cd product looks good. havent read up on it though.

  5. #5
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    Just locked in $2k at 2.3%...gross.

  6. #6
    Werk.
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    CDS are junk
    H.A.T.E.R.S. - Having Anger Toward Everyone Reaching Success

  7. #7
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    Quote Originally Posted by GeorgeJung5 View Post
    Just locked in $2k at 2.3%...gross.
    gonna bank yourself 40 whole bucks ? LOL

    citibank was pushing it on me. i was figuring out the returns in my head faster than she could on a calculator and i just dont have enough to dump in to make it worth it.

    you should have took that 2k and tried to fuck with the stock market instead.
    How much is it worth for me o freeze my ninis off ? lets see ! 2011 polarbear dive for Make-A-Wish. Please contribute whatever you can spare or join the team and come for a swim !!
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  8. #8
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    Quote Originally Posted by joeydollaz View Post
    gonna bank yourself 40 whole bucks ? LOL

    citibank was pushing it on me. i was figuring out the returns in my head faster than she could on a calculator and i just dont have enough to dump in to make it worth it.

    you should have took that 2k and tried to fuck with the stock market instead.

  9. #9
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    Quote Originally Posted by GeorgeJung5 View Post
    Just locked in $2k at 2.3%...gross.
    i would have taken that 2k and put it in a managed mutual fund account... and if u can add money to it monthly... you can def see somewhere like 8- 10%

  10. #10
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    Quote Originally Posted by Louie Corrales View Post
    it wasn't the long ago when they were even 5%... for a 9 month...
    I may be wrong but i'm pretty sure that was within the past 10 years they were in the 5's%
    * I really am as awesome as I appear.


 

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