View Full Version : Good Return on Bank Investment



BricktownGuy
09-03-2009, 11:03 PM
Anyone know of any decent returns on a 1 year investment? (investments like CDs, bonds, annunities, etc)

1 year CD offers at most 2.00% - 2.20% APY from what I have found out.


Anyone have other suggestions which provides a fixed return?

bretthexum
09-04-2009, 11:08 AM
Slim pickins right now, even for CDs. Until interest rates go back up it'll be horrible. Almost worth it to have money in cash in savings account getting 1.5% because of the liquidity

decepticobra
09-04-2009, 03:02 PM
until the economy is revived, deem this thread to be dead.

metro
09-10-2009, 10:28 AM
https://www.checkingfinder.com/, there are several local banks offering high-yield (4-5%) on online checking accounts with no minimums.

mugofbeer
09-10-2009, 10:33 AM
Online banks may have the best rates but look for the online CD shopping sites. One thing to definitely avoid as a short term investment are annuities. They are useful for long term financial planning but are not a short term investment product. ALso, for such a short term investment NEVER, NEVER, NEVER invest in anything that results in a fee being charged to you. Longer-term financial planning will likely involve a management fee but for such a short term item, you do not need to pay fees.