Comments on: Savings, CDs and Money Market Funds Explained

By: Lee Sherman

Lee Sherman — Fri, 17 Apr 2009 22:32:32 +0000

@jhonka, Great idea! We’ll look into it.

By: Jhonka

Jhonka — Fri, 17 Apr 2009 22:06:33 +0000

Great article, can you write part 2 to explain the different types of Bonds people can invest in?

By: Ag

Ag — Fri, 17 Apr 2009 16:19:42 +0000

I’ve been trying to find a checking or credit card account that will pay me points for mortgage payments. I have multiple properties that I own and I’d love to add another .5 or 1% income on them.

I’ve looked into this in the past but have been unable to capitalize – anyone here have a bright idea? (I pay off my balances & excellent score)

By: jim

jim — Thu, 16 Apr 2009 23:43:32 +0000

@nblracer and @dd
Sometimes banks have CD sales when they need the money to fill a need for a certain term, so you cannot use that to justify abnormal yield curves. Other than the cases of CD sale, if 6month CD is higher than 3-5 Yr CDs, that’s a market signal for an expectation of interest drop to happen between 6mo-3yrs from the day you see the rates.

By: dd

dd — Wed, 15 Apr 2009 05:50:31 +0000

April 11th, 2009 at 8:21 am

“The longer the term of the CD you purchase, the higher the interest rate will be”

Not always true. 2 years ago, when rates were at a 6month pr year CD had a higher rate then the 3 or 5 Year Cd. That was because the discount rate was so high at that the time, the banks could not take the risk to lock in such high rates for a long period. since they speculated the fed would cut rates within that time period.

By: nblracer

nblracer — Sat, 11 Apr 2009 16:21:07 +0000

“The longer the term of the CD you purchase, the higher the interest rate will be”

By: Chiko Barnabus Abengowe

Chiko Barnabus Abengowe — Sat, 11 Apr 2009 05:50:51 +0000

Great post! I will be linking to this article from my site Mybarnabas.com

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