I opened up a 5 year CD at Melrose credit union, a year ago. I was hoping it was not a mistake to tie up a lot of money for that long.
Apparently, so far, I made the right decision.
I am getting 2.9% interest when everyone else is paying no more than 1%. I just earned over $1800 in interest for the past quarter. (3 months)
Melrose credit union!
April 1st, 2012 at 02:35 pm
April 1st, 2012 at 04:10 pm 1333296610
It can be an interesting exercise to compare [on-line] your rate of return, against what you might have earned in a low cost Index ETF like that offered by Vanguard for the each quarter 2012. There are also different tax implications to muddle ROI
April 1st, 2012 at 07:14 pm 1333307644
April 1st, 2012 at 11:46 pm 1333323980