2.3% CD vs 4.03% CD?????

[Fishhead]

Explain this to me, why would somebody purchase a 6-month CD at 2.3% if they can go elsewhere and get over 4% on the same EXACT CD?

 

[LEYKIS101]

:think2: Good question

 

[TwoCard]

"Free" gift ??

 

[sherman]

Explain this to me, why would somebody purchase a 6-month CD at 2.3% if they can go elsewhere and get over 4% on the same EXACT CD?

laziness, lack of knowledge, just to name a few...

 

[moethepuppy]

Explain this to me, why would somebody purchase a 6-month CD at 2.3% if they can go elsewhere and get over 4% on the same EXACT CD?

Because they don't like money...........

:lolBIG:

 

[Newfie]

Depends on the minimum deposit requirement? Usually higher interest requires higher deposit than the lower one....

 

[Fishhead]

Depends on the minimum deposit requirement? Usually higher interest requires higher deposit than the lower one....

That is a good point, but was taking that out of the equation.

 

[Anonymous1]

just go buy 6 month t-bills at a discount of 4.15% for an annualized return of 4.30%...and its state tax free..

 

[Wrigley]

You can get 4% at emigrantdirect without locking it up


http://www.emigrantdirect.com/index.php