Questions tagged [certificate-of-deposit]
for questions that relate to the certificate of deposits(CD). A CD is a time deposit, a financial product commonly offered to consumers in the United States.
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How can I hold USD in a stable investment as an American living abroad?
I'm an American citizen living in Germany. I currently still have USD held in a Wells Fargo checking account. I no longer have any USD income, however. This account is static. I intentionally have ...
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Should I pay off mortgage or invest in CD?
I am confused about the mortgage rates in APR vs CD rates that I could invest in [US].
I have a mortgage loan that I got with 2.875 APR. I could pay that off or invest that money in a CD with rate of ...
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brokered CD interest calculations
When I look at the fixed income overview page for etrade (although they are all pretty much the same as far as I can tell) there is a 5.75% rate for CDs at one year. When you click through, this is ...
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Taxes Related to CD with Primary and Secondary Account Holder
I visited a Bank of America branch and the representative told me that I can open a Certificate of Deposit account with them and have my mother, a nonresident alien, be the primary account holder ...
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Short term investments
I have saved money, but haven't been investing it. Don't know where to start. House is payed for, little to no debt. Only making 58k a year.
Are CD's the best low risk short term option?
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Will I lose any Principal if I cash in a CD early?
I've had a 35 month CD for 11 months and thinking about cashing it in now. Will I lose any principal if I cash it out now or would it vary by institution?
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Is there any advantage to a longer term CD that has a lower interest rate than a shorter term CD?
From what I understand, long term certificates of deposit (CDs) typically offer higher interest rates than short term CDs. They do that to give you a reason to lock up your money for a longer period ...
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What is the best way to loan money to a family member until CD matures?
My family member has a $37,000 Certificate of Deposit that matures in December. She had planned to buy a house in January and use this money as part of her down payment.
Recently she has an ...
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Method to save money which disallows early withdrawal?
How can money be saved that can't be accessed -- even in an emergency -- for 6 months? I'm aware of CDs, but in an emergency banks allow you to get the money on the CD, and will charge you to access ...
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What accounts for the difference in yield to maturity (YTM) between brokered CDs and US Treasuries?
Looking at the Charles Schwab table below dated 2023-02-24 on the yield to maturity (YTM) for different brokered CDs and bonds, I see that for when the maturity is 1 year or higher, brokered CDs have ...
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What factors to evaluate in a bank or credit union when investing certificate of deposits in the US?
How do I evaluate a bank or credit union for its financial strength and trustworthiness before investing in their certificate of deposits in the US?
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Are there risks or hidden costs of buying a CD from a bank I don't have an account with?
I'm the treasurer for my church and we have $100K saved up to replace the roof of the sanctuary. It'll be a year before we need the money, so I thought I should probably take the money out of savings ...
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what does coupon frequency at maturity mean for a cd?
when are dividends paid to the CD account. Is the return of the CD better if monthly or at maturity? These are the 2 choices I have
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Is it ok to name a trust as a beneficiary to a CD?
Is there any downside to naming a trust as a beneficiary to a CD or in general, a bank account if the bank and/or credit union allows it? This is in California.
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What is the relationship between Feds Fund Rate vs. Certificate of Deposit Rate in the US?
I've noticed the Fed in the US has increased their Fed Fund Rate and the banks in the US have also increased their rates in the Certificate of Deposits (CD) from 0.XX% to 4.XX% since 2021 until now.
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