Discussion in 'Wall St. News' started by Daal, Aug 24, 2009.
2y at 1% is a steal
2 year cd rates as high as 2.95% in north carolina.
yes but the big money cant invest in these. If pimco wants to deploy $10b, FDIC guarantees will be no good. CDs would be loaded with credit risk
Right. I have 7 bank accounts in cd's now.
you can check out some of municipal bonds, which I prefer. Texas has some 4.25% bonds are good.
Right, the FDIC is giving money away. Ally bank was paying something ridiculous a while back. Wamu was paying 5% before they failed
Return OF principal is more important than return ON principal.
Sheila Bair takes care of that
just ask all those Madoff clients...
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