Articles

Selected category: CDs

Warming Slightly to Certificates of Deposit Image Copyright: BestCashCow

Warming Slightly to Certificates of Deposit

I advised readers of BestCashCow.com in April to be especially weary of jumping into CDs with interest rates about to rise. ... Read →

Mid-2022 is Just Not the Time to Buy Certificates of Deposit Image Copyright: BestCashCow

Mid-2022 is Just Not the Time to Buy Certificates of Deposit

My inbox is full of two types of emails from readers of BestCashCow and RatesAndInfo.com, a BestCashCow subsidiary.

The first is from those who are excited to have found a great CD rat... Read →

Probably the Worst Moment in the History of Mankind to be Locking into Long Term CDs Image Copyright: BestCashCow

Probably the Worst Moment in the History of Mankind to be Locking into Long Term CDs

I was recently contacted by a reader about 5-year CD rates.    Given that the best rate available at any Read →

The Federal Reserve and Treasury Secretary Janet Yellen Should Consider an Emergency Fed Funds Hike - Maybe Even 50 BPS Image Courtesy: ABC News

The Federal Reserve and Treasury Secretary Janet Yellen Should Consider an Emergency Fed Funds Hike - Maybe Even 50 BPS

Now that we are reaching the end of Jay Powell’s tenure as Chairman of the Federal Reserve, it is fair to say that the man has strayed from his pre-chairmanship policy positions when he had emphasized using Fed policy to promote pr... Read →

5 Reasons Why You Should Never Ever Buy A Structured Note Image Copyright: BestCashCow

5 Reasons Why You Should Never Ever Buy A Structured Note

Morgan Stanley, Goldman Sachs and second-tier full service brokerages make a real market in structured notes.   So-called "structured notes" are intricate products that carry the possibility of earning a much higher i... Read →

1-Year CD Rates Over 2% Are Tempting But Preserving Liquidity In A Crisis Is Essential Image Courtesy: Pexels

1-Year CD Rates Over 2% Are Tempting But Preserving Liquidity In A Crisis Is Essential

BestCashCow today shows online banks offering one-year CD rates as high as 2.28%.    Depending on where you live, you may also find Read →

Should You Really Be Buying 1-Year CDs Right Now? Image Courtesy: Pexels

Should You Really Be Buying 1-Year CDs Right Now?

I was at the gym yesterday and a friend who manages money for wealthy New Yorkers asked me if his clients (a married couple) should be putting $500,000 into a 1-year CD here ... Read →

Be Careful Not to Rush Too Heavily Into Long-Term CDs Here

Interest rates have collapsed over the last several weeks and that may be good news for those interested in remortgaging or Read →

Avoid The TIAA 4-year Diversified Assets Marketsafe CD

I’ve written about TIAA’s “Marketsafe CD” products, and those issued by Everbank prior to its acquisition by TIAA.   I’ve suggested that the offering of these products violates the 1933 Securities ... Read →

Avoid Municipal Bonds For Now Image Courtesy: Pexels

Avoid Municipal Bonds For Now

Those paying taxes this month in States like New York, New Jersey and California have been hit with quite a wake up call over the last few days.

Our tax bills, as a result of the 2018 Republican tax cuts, are much higher, espec... Read →

Kyle Bass Says Interest Rates Will Be At Zero in 2020 Image Courtesy: CNBC

Kyle Bass Says Interest Rates Will Be At Zero in 2020

There are many people who believe that the 2008-2009 financial crisis marked a seismic shift in the interest rate paradigm and that interest rates will never go back to a pre-crisis “normal”.

When Jerome Powell beca... Read →

Jim Cramer Says to Buy CDs Image Courtesy: Wikipedia

Jim Cramer Says to Buy CDs

Amazingly, Jim Cramer, the biggest proponent of the stock market was interviewed on NBC’s Today show the other day and couldn't say anything other than to buy CDs.

It is a video so extraordinary that you need to watch... Read →

I Am Just Not Too Excited About a 1-Year CD at 2.85% APY Image Courtesy: Pexels

I Am Just Not Too Excited About a 1-Year CD at 2.85% APY

There are several well-known online banks that are offering 1-Year CDs at 2.85%.  In fact, some banks may even be a little higher.   You can see the list of the best on... Read →

Avoiding Early Withdrawal Fees on CDs by Withdrawing Only Accrued Interest Image Courtesy: Pexels

Avoiding Early Withdrawal Fees on CDs by Withdrawing Only Accrued Interest

Like many people who realized three or four years ago that interest rates were not going to go up at the time, I locked some money into 5-year CDs back then.

Read →