http://www.cdmaxreturn.com Your Information Source for CD Investing Fri, 09 Oct 2009 01:43:05 +0000 http://backend.userland.com/rss092 en Follow this link to a great article about the possibility of more economic bubbles to come.  http://www.comcast.net/articles/finance/20091008/US.Meltdown.The.Next.Bubble/ I know it is a little long and somewhat technical but it is really worth a read.  I hope you get the point that to days economic environment has created the possibility that bubbles ... http://www.cdmaxreturn.com/categories/another-bubble-melt-down-in-your-future/ A couple of days ago the market was up 140+ and a few days later down 200+.  Are you tired of this roller coaster? If your at, or nearing retirement and want to take the risk out of your retirement portfolio then consider investing in bank/credit union Certificates of Deposits (CD). This ... http://www.cdmaxreturn.com/cd-advantages/ira-investment-strategies/ Got forms and disclosures from Melrose.  One of the shortest fee schedules I have ever seen for a financial institution.  Also some of the lowest fees. Membership in the credit union is open to anyone.  This is different from most other credit unions that have a specific industry(s) or geographic areas ... http://www.cdmaxreturn.com/hot-rates/melrose-cu-progress/ Within the last several days the President has encouraged Americans to save more by getting their tax refunds in savings bonds and making "opt-out" the norm for 401(k) plans.  Is this a good idea for you? Series EE Bonds earn .7% interest.  You can probably do better with a bank CD ... http://www.cdmaxreturn.com/categories/obama-encourages-savings/ Account opening went smoothly.  As mentioned application was created and approved on-line with a printed version sent in.  Got a package of material back yesterday.  Included IRA application and CD purchase form.  On the 12th, when my other CD matures will send in forms to open the CD. One big surprise is ... http://www.cdmaxreturn.com/hot-rates/melrose-cu-cd-penalty/ Found a 3.91% APY on a 5 year CD at Melrose Credit Union.  Was able to complete the application on-line and get an acceptance notification e-mail shortly afterwards.  Had to print the application for membership and mail it in with a $1 membership fee and a $25 share (savings) deposit.  ... http://www.cdmaxreturn.com/hot-rates/great-cd-rate/ I had a CD maturing last week.  One of those I was Laddering over 5 years, since the fall of 1987.  Wanted to put it into a 5 year CD at the best rate I could find.  Had found a great rate of 3.75% at www.Mechanics-Coop.com but when maturity date ... http://www.cdmaxreturn.com/hot-rates/it-pays-to-ask/ What are the Risks with a CD? The risks associated with investing in CD's are different than the risks of most other types of investments but it is best to understand them before moving forward. The first risk is that you are committing your principle into the banks care for ... http://www.cdmaxreturn.com/education/cd-risks/ Someone recently asked about Callable CD's.  What are they and how do they work? For an example we will use a ficticious 2 year CD offer of 3%.  During the life of the CD the bank has the option to end the CD, usually on the anniversary date.  In our case ... http://www.cdmaxreturn.com/education/callable-cds/ Several of my recent CD investment decisions have benefited from a search of local community institutions.  Although the Best Rate services gather a tremendous amount of rate data they sometimes miss community banks and credit unions.  These smaller organizations can be an excellent choice.  You may have to visit them in ... http://www.cdmaxreturn.com/hot-rates/best-rates-in-your-backyard/