http://consumerboomer.com/cd-or-fixed-annuity-best-invest-into/ Blog For the Baby Boomer Generation Fri, 03 Feb 2012 21:54:52 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://consumerboomer.com/cd-or-fixed-annuity-best-invest-into/comment-page-1/#comment-3483 steve jude Sat, 01 Jan 2011 04:50:39 +0000 http://consumerboomer.com/?p=4917#comment-3483 The interest rate on CDs today is often disappointingly low – often well below 3%. Besides the pitiful return, you have another disadvantage: the interest your CD earns is fully taxable. FDIC or no FDIC, do you really want your money in a bank right now with the hassles bank customers are going through? The interest rate on CDs today is often disappointingly low – often well below 3%. Besides the pitiful return, you have another disadvantage: the interest your CD earns is fully taxable. FDIC or no FDIC, do you really want your money in a bank right now with the hassles bank customers are going through?

]]> http://consumerboomer.com/cd-or-fixed-annuity-best-invest-into/comment-page-1/#comment-2521 BankVibe Fri, 03 Sep 2010 19:00:16 +0000 http://consumerboomer.com/?p=4917#comment-2521 Since CDs rates are not going to increase anytime soon, a long term CD would be a bad idea. If you get stuck in a long term CD without having the ability to get out and rates increase, then the interest you would have earned would be wasted. Although with the current average 12 month CD around 0.86%, its almost a waste to be in any CD. Since CDs rates are not going to increase anytime soon, a long term CD would be a bad idea. If you get stuck in a long term CD without having the ability to get out and rates increase, then the interest you would have earned would be wasted. Although with the current average 12 month CD around 0.86%, its almost a waste to be in any CD.

]]> http://consumerboomer.com/cd-or-fixed-annuity-best-invest-into/comment-page-1/#comment-822 Saturday Round-Up Olympic Hockey Edition Sun, 28 Feb 2010 13:05:47 +0000 http://consumerboomer.com/?p=4917#comment-822 [...] Consumer Boomer presents Should You Invest Into a CD or Fixed Annuity [...] [...] Consumer Boomer presents Should You Invest Into a CD or Fixed Annuity [...]

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