REWahoo
Give me a museum and I'll fill it. (Picasso) Give
ShokWaveRider said:
This is a family oriented forum. Behave yourself.
Just Bought a 5 Year CD for 5.75 APY
- Thread starter ShokWaveRider
- Start date
This is a family oriented forum. Behave yourself.
I've preferred credit unions for a while now. They have big advantages in not paying taxes or making profits, so it can be easier to find a deal with them.
Though, like with Fidelity vs Vanguard, sometimes for-profit institutions can provide better deals as loss-leaders, to attain market share, or for other reasons. I suppose once in awhile, they might just be much more efficient...with the profit motive and all
Though, like with Fidelity vs Vanguard, sometimes for-profit institutions can provide better deals as loss-leaders, to attain market share, or for other reasons. I suppose once in awhile, they might just be much more efficient...with the profit motive and all
could someone educate me on this please.
if i put 100k, is that mean i get $5750/year for 5 year? is the $5750 compounding on top of the 100k? or is it just sit on another saving account.
how much do i get after 5 years? please help
enuff2eat
if i put 100k, is that mean i get $5750/year for 5 year? is the $5750 compounding on top of the 100k? or is it just sit on another saving account.
how much do i get after 5 years? please help
enuff2eat
REWahoo
Give me a museum and I'll fill it. (Picasso) Give
enuff,
When you put your money in the CD, you will have the option of having the interest paid directly to you or added to the CD and compounded.
As to how much you will earn, Bankrate.com has a calculator to that will tell you to the penny:
http://www.bankrate.com/brm/calc/cdc/CertDeposit.asp
When you put your money in the CD, you will have the option of having the interest paid directly to you or added to the CD and compounded.
As to how much you will earn, Bankrate.com has a calculator to that will tell you to the penny:
http://www.bankrate.com/brm/calc/cdc/CertDeposit.asp
