Opened a 2.5% Money Market account today...

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  • Persius
    Tap into MOBILE!
    • Jul 2003
    • 11779
    #1

    Opened a 2.5% Money Market account today...

    Not to bad in San Diego the money market 2.5%

    if the rates feel like it will go down then i might put into a CD for 11 months for 2.8%
    but its locked for 11 months which is the prob
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    • woj
      <&(©¿©)&>
      • Jul 2002
      • 47880
      #2
      not bad for a money market account...

      but isn't 2.5% below inflation?
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        • boobmaster
          So Fucking Banned
          • Jul 2003
          • 6185
          #3
          Originally posted by Persius
          Not to bad in San Diego the money market 2.5%

          if the rates feel like it will go down then i might put into a CD for 11 months for 2.8%
          but its locked for 11 months which is the prob
          Never lock your money into something like that. The second you do, something usually happens and you NEED it.

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            • pure energy
              Confirmed User
              • Apr 2004
              • 4274
              #4
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                • wdsguy
                  Ryde or Die
                  • Dec 2002
                  • 19568
                  #5
                  after inflation and taxes its really not that much

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                    • strobi
                      Confirmed User
                      • Nov 2002
                      • 7383
                      #6
                      OUCH 2.5%.. that's gotta hurth Regular intrest is around 3,25-3,50% here (and that's LOW)

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