CD Savings Rate – Earn More When You Share Risk with the Bank
Your local bank likely offers among the lowest CD savings rate–not a good thing for your retirement investing. The local bank has the expense of rent, the tellers’ salaries and highly unproductive service representatives that will waste an hour opening a checking account. The expense of running a bank branch is enormous and therefore, the CD savings rate offered by the local bank [...]
Categories: cd savings Tags: CD, cd savings rate, FDIC
How to Earn More – FDIC Insured CDs part 1
Callable CDs “Callable CDs” are a variety of CDs that often pay more than regular (non-callable) CDs. These CDs come with Federal Deposit Insurance Corporation insurance (FDIC), full principal repayment at maturity and above-average yields. These insured CDs appeal to safety-conscious retirees looking for income. Although FDIC insured, that does not mean they are not without risk. These FDIC insured CDs have features [...]
Categories: CD savings, retirement income Tags: callable CDs, CDs, certificates of deposit, FDIC
