iOS app Android app

Cd Rates

Would You Change Banks for a Mercedes?

Richard Barrington | Posted 07.16.2012 | Money
Richard Barrington

It's nothing new for banks to offer gifts to new customers -- a free toaster is the age-old example. However, a bank in Florida has come up with something a little sexier: a new Mercedes in exchange for opening a 5-year CD.

2011: The Year of Buck-Passing

Richard Barrington | Posted 03.05.2012 | Business
Richard Barrington

Looking back, 2011 may be remembered as the year that world leaders passed the buck. And much to the chagrin of people with savings accounts< and other interest-bearing deposits, this flurry of buck-passing may have doomed them to another year of low interest rates.

Federal Reserve Update: November 2011

Richard Barrington | Posted 01.09.2012 | Business
Richard Barrington

At this point, Ben Bernanke is like a poker player who has already drawn his last card and pushed his remaining chips into the center of the table: all he can do now is watch how the game plays out.

Were the Good Old Days Really That Good?

Richard Barrington | Posted 12.20.2011 | Business
Richard Barrington

Ronald Reagan is something of an icon to economic conservatives, and you don't have to lean that far to the right to get a little nostalgic about the "Morning in America" days of the early 1980s.

Would You Take Ben Bernanke's Advice About CD Rates?

Richard Barrington | Posted 11.07.2011 | Business
Richard Barrington

  CD rates are so low that there is a strong argument to be made for keeping your money in short-term vehicles, so you'll have the flexibility...

Flight to Safety: Should You Invest in Long-Term CDs?

Richard Barrington | Posted 10.11.2011 | Business
Richard Barrington

With the stock market taking a nosedive on the U.S. credit rating downgrade, you might be looking for a place to move your money and wait out the volatility. Should you move your money into long-term CDs?

How You Can Follow the Changing Fortunes of CD Rates

Richard Barrington | Posted 09.19.2011 | Business
Richard Barrington

Choosing the right terms and interest rates on CDs is especially challenging because it involves a decision not just about the present, but about the future. To help you understand the economic context, try the four-corner approach.

Balance Safety and CD Rates When Choosing a Certificate of Deposit

Richard Barrington | Posted 11.17.2011 | Healthy Living
Richard Barrington

There's more to picking a certificate of deposit than simply finding the best CD rates. It might be worth kicking the tires a little bit when it comes to your bank's financial condition.

Bank Rates Have Little to Hope for From Fed Meeting

Richard Barrington | Posted 05.25.2011 | Business
Richard Barrington

No organization gets more attention for doing nothing than the Fed. Has the Fed painted itself into a corner with these near-zero interest rates?

When Banks Fail, So Do Those Promised CD Rates

Huffington Post Investigative Fund | Keith Epstein | Posted 05.25.2011 | Business

Norma Jean Scott, a 63-year-old Alabama retiree, thought she was being prudent three years ago when she stashed her $100,000 retirement nest egg in a ...