LogFAQs > #973527411

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Topic	10% interest in my money market.
Xenogears15 05/17/23 11:21:42 AM #14:	Starks posted... I don't see much value in a CD beyond the higher rates. CD means your money is untouchable. Funds in a money market are still treated as cash and immediately available. And you still get the monthly interest. Not sure what kind of Money Market accounts that my bank offers, but they did offer me one with like 3.75% APY, but I needed to maintain a 25k balance, which I just can't do. I'll have to see what else they have. --- This rant was brought to you by your local random thinker. I'm as Canadian as Wayne Gretzky crashing a snowmobile into a moose. - JIC X <cite>Xenogears15 posted [p:973527411] in 10% intere... [t:80446683]...</cite> <quote>Starks posted... </cite><quote>I don't see much value in a CD beyond the higher rates.CD means your money is untouchable.Funds in a money market are still treated as cash and immediately available. And you still get the monthly interest.</quote>Not sure what kind of Money Market accounts that my bank offers, but they did offer me one with like 3.75% APY, but I needed to maintain a 25k balance, which I just can't do. I'll have to see what else they have. --- This rant was brought to you by your local random thinker.I'm as Canadian as Wayne Gretzky crashing a snowmobile into a moose. - JIC X</quote> ... Copied to Clipboard!
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