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Trauma_Junkie is really ready for Memorial Day!

learn more about investing (read all 5 entries…)
Certificates of Deposit

My CD is coming due again. I am a bit disappointed in how the CD has earned.

So I have done a bit of research. CD’s really do not have very high interest rates any more. But they are better than my savings account.
I found a few sites that rated CD’s for both return on investment and also for safety. This is one: http://simpledebtfreefinance.com/high-yield-cds-fdic-insured-for-march-2010/

and then also looked at Money Blue Book.

There are definitely better deals out there when compared to my local bank.
So. My CD comes due in June, and I think I will liquidate it, and give that money, Plus a little more to another bank.

this did take a little more time, and I did learn that CD’s are not the biggest earners etc, but they are pretty secure and a nice way to put money somewhere and forget about it, while it earns.



Comments:

Douglas is wanting to connect.

Your plan for

your CD sounds good. I am not clear what the scope of this goal is, i.e. how much you want to learn about investing. But there is an organization that offers all kinds of educational material about investing for its members. You would have to pay to join but, in my opinion, it is well worth the investment.

Its caled American Association for Inividual Investors (AAII) and the website is here http://www.aaii.com/

Basic membership is $29 per year or you can get enhanced membership for $49 per year. You can also get lifetime membership for $290.

The amount of information about investing is vast. So, if you decide to join this organiztion and start educating yourself, it will take a long time.

michael43 is rockin' but not rollin'

Hey, If you need an advice or if you have a question about investing, let me know. I’ve been investing for 20+ years. It’s kind of a hobby to me. Maybe you could learn form my successes and (more importantly) my mistakes.
Mike


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