John Galt III
Thinks s/he gets paid by the post
- Joined
- Oct 19, 2008
- Messages
- 2,803
I have about $170k in CD's at my credit union. Sometimes when I call up to renew a CD, at a nauseatingly low rate, like 1.75%, they ask me if I want to have an "investment advisor" call me about other options which would give me a better return on my money. Since I am salesmanphobic, I say no thanks. What sort of investments would they try to steer me into? Mutual funds? Annuities? As my disgust with low rates increases I may call them up, but I want to know what to expect first. Thanks for any input !