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-   -   Opened a 2.5% Money Market account today... (https://gfy.com/showthread.php?t=342542)

Persius 08-18-2004 12:48 AM

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

woj 08-18-2004 01:54 AM

not bad for a money market account...

but isn't 2.5% below inflation?

boobmaster 08-18-2004 01:58 AM

Quote:

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.

pure energy 08-18-2004 02:09 AM

Invest in Singapore time deposits 4.8% and higher depending on originator.

wdsguy 08-18-2004 02:27 AM

after inflation and taxes its really not that much

strobi 08-18-2004 03:18 AM

OUCH 2.5%.. that's gotta hurth :( Regular intrest is around 3,25-3,50% here (and that's LOW)


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