Current Events > In what scenario would you put money in a CD?

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IdiotMachine 01/25/18 8:46:04 PM #1:	A one year certificate of deposit of $25,000 or more yields 1.85% from Ally Bank. In what scenario would you put money in a CD, vs. leaving it in a savings account with "comparable" interest (1.35% at Ally), or putting it in a low-risk government bonds (like the mutual fund VFIIX, which has an average annual return of 7.24%)? <cite>IdiotMachine posted [p:894808705] in In what sc... [t:76242990]...</cite> <quote>A one year certificate of deposit of $25,000 or more yields 1.85% from Ally Bank. In what scenario would you put money in a CD, vs. leaving it in a savings account with "comparable" interest (1.35% at Ally), or putting it in a low-risk government bonds (like the mutual fund VFIIX, which has an average annual return of 7.24%)?</quote> ... Copied to Clipboard!
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IdiotMachine
01/25/18 8:46:04 PM
#1:

A one year certificate of deposit of $25,000 or more yields 1.85% from Ally Bank.

In what scenario would you put money in a CD, vs. leaving it in a savings account with "comparable" interest (1.35% at Ally), or putting it in a low-risk government bonds (like the mutual fund VFIIX, which has an average annual return of 7.24%)?

<cite>IdiotMachine posted [p:894808705] in In what sc... [t:76242990]...</cite>
<quote>A one year certificate of deposit of $25,000 or more yields 1.85% from Ally Bank.

In what scenario would you put money in a CD, vs. leaving it in a savings account with "comparable" interest (1.35% at Ally), or putting it in a low-risk government bonds (like the mutual fund VFIIX, which has an average annual return of 7.24%)?</quote>

... Copied to Clipboard!

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Current Events > In what scenario would you put money in a CD? (+) Yeah! (+)

Current Events > In what scenario would you put money in a CD?