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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives -- Ignore unavailable to you. Want to Upgrade?


To: oldirtybastard who wrote (111971)10/5/2018 10:03:46 AM
From: cycleupcycledown1 Recommendation

Recommended By
Mevis

  Respond to of 221961
 
Fidelity has 2 year tnotes @ 2.8



To: oldirtybastard who wrote (111971)10/5/2018 10:34:12 AM
From: fred woodall1 Recommendation

Recommended By
kimberley

  Respond to of 221961
 
Finance Advisor Firms along with brokerage houses buy up bulk CD's and offer at slightly higher rate to clients. Often .15 to .20 higher than advertised on the street if you have a jumbo fixing to exit their doors.

Negative to CD's the interest is taxed as income. Sucks! Then there is inflation running 2.4 this year according to the those who crunch numbers. Now if I add food and energy we're running close to 3%. As a consumer and business owner I think the trend is more like 6% which I believe I can make a strong argument.

So in a nut shell keeping cash is a losing proposition hence why the stock market continues upward along with real estate. Too much money and too few places to put it.