I stopped at the bank yesterday to open a jumbo C.D. The lady said they are only paying 5%. I asked her to ask the prsident of the bank if he could do better.
She just called and they will give me 5.5% now, plus I can have it as long as I want. I wonder how long I should take it; 6 months, 1 year, 2 years, 5??
Anyway, it pays to ask and that will earn me an extra $500 a year.
I asked at the building store for a rebate and got back several thousand last year and already over a thousand this year.
Just ask and see what happens!
It pays to ask!
May 1st, 2007 at 04:30 pm
May 1st, 2007 at 06:24 pm 1178043859
May 1st, 2007 at 07:52 pm 1178049124
If you think rates will drop in the near future, lock in a longer time horizon on that CD. If you think they'll rise, go for a short term so you can take advantage of those higher rates later.
May 1st, 2007 at 08:15 pm 1178050506
May 2nd, 2007 at 04:11 am 1178079092