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Where Can I Get the Highest Interest on My Money [复制链接]

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只看楼主 倒序阅读 使用道具 楼主  发表于: 2015-05-14
关键词: christianloub,
Where Can I Get the Highest Interest on My Money
CD selection depends on how long the saver can survive without access to the money. Durations start at six months and go as long as five years. Longer terms will have higher interest rates. Leave the money until term's end to receive the full amount of interest and avoid early withdrawal penalties. Savers planning to set aside a small chunk of money in one account should check local bank rates for the longest term CD manageable. If you prefer to compare rates online, use a wide reaching interest rate comparison search.
Rolling CD accounts might entice savers with enough money to distribute between three accounts but doubts as to when some money will need to be withdrawn. Set aside one third of the savings into one each of a one year, two year and three year CD account. Move the one year savings into a three year account once the term expires, then do the same when the two year expires. If you're confident that the money isn't needed for at least two years, try staggering between a two year, three year and five year account.
eHow; Real Estate Investment; Mutual Funds; Money Market Interest Rates; A certificate of deposit is a way to take your hard earned money and earn more money on it through interest.
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