Brokered CDs usually offer the highest rates. Here's what to know.
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2 سال پیش
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Short-term interest rates have surged
Short-term interest rates have surged in 2022 but banks have been very slow to adjust the rates on savings accounts and certificates of deposit (CDs). However, if you know where to look, you can find CDs yielding nearly the same rate as short-term government bonds which are approaching 5% as of this recording. Today, we're talking about brokered CDs and the key things you need to know.
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My professional focus is retirement planning for individuals over age 55. Please visit our website or reach out for a complimentary planning session.
Ted Erhart, CFP®
Financial Planner
Anoka, Minnesota
www.norrislakeretirement.com
LinkedIn: ted-erhart-cfp%C2%AE-4969939
This has been prepared solely for informational purposes. Information herein is not intended to be complete, and such information is qualified in its entirety. This is not an offering or the solicitation of an offer to purchase an interest in any fund, and it is not an offer to buy or sell or a solicitation of an offer to buy or sell any security. Nothing herein should be construed as investment advice, an opinion regarding the appropriateness or suitability of any investment, on an investment recommendation. No representation is made that the objectives or goals of any investment or strategy will be met or that an investment or strategy will be profitable or will not incur losses. Past performance is no guarantee of future results. Reliable methods were used to obtain information for this presentation but the information herein cannot be guaranteed for accuracy or reliability; the information in this presentation may be out of date or inaccurate. The information contained in this summary is and may not be distributed without permission.
Related video...Can I lose money on brokered CDs? Can I lose money on brokered CDs or T...
Related video...How to purchase brokered CDs with Fidelity: How to purchase brokered CDs with Fid...
My professional focus is retirement planning for individuals over age 55. Please visit our website or reach out for a complimentary planning session.
Ted Erhart, CFP®
Financial Planner
Anoka, Minnesota
www.norrislakeretirement.com
LinkedIn: ted-erhart-cfp%C2%AE-4969939
This has been prepared solely for informational purposes. Information herein is not intended to be complete, and such information is qualified in its entirety. This is not an offering or the solicitation of an offer to purchase an interest in any fund, and it is not an offer to buy or sell or a solicitation of an offer to buy or sell any security. Nothing herein should be construed as investment advice, an opinion regarding the appropriateness or suitability of any investment, on an investment recommendation. No representation is made that the objectives or goals of any investment or strategy will be met or that an investment or strategy will be profitable or will not incur losses. Past performance is no guarantee of future results. Reliable methods were used to obtain information for this presentation but the information herein cannot be guaranteed for accuracy or reliability; the information in this presentation may be out of date or inaccurate. The information contained in this summary is and may not be distributed without permission.
2 سال پیش
در تاریخ 1401/08/18 منتشر شده
است.
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بـار بازدید شده