PebHmong Discussion Forum

General Category => General Discussion => Topic started by: hmgROCK on April 05, 2021, 05:28:45 PM

Title: CD/certificate of deposit are ZERO RISK.... why wouldn't you?
Post by: hmgROCK on April 05, 2021, 05:28:45 PM
can't lose your initial money+interest that been collecting
i collect $312 last year!!! from doing nothing.... at 2.7%

only sucky part if you withdraw early...
there might be a penalty

 ;D ;D ;D

i lock these rate back 2 years ago when they start cutting

(https://i.imgur.com/t9ShvOT.png)
Title: Re: CD/certificate of deposit are ZERO RISK.... why wouldn't you?
Post by: hmgROCK on April 05, 2021, 09:50:58 PM
Probably not going find a good rate
Cuz interest rate is sooo low these days

Zero risk
Decent return

I collect $312 last year on $11k
How much did you collect on your saving account ????

$20????

Ahhahahahahah

ITS BASIC MATH
Title: Re: CD/certificate of deposit are ZERO RISK.... why wouldn't you?
Post by: hmgROCK on April 06, 2021, 06:49:52 PM
Quote from: theking on April 06, 2021, 03:57:30 PM
Same with CD, it's "just going to cost you some time filling out paper at the bank"..but I'm like I'm good so no thanks...

Lmao

I spend maybe 5 minutes??? Doing it online
 ;D ;D ;D


Must not like money
Title: Re: CD/certificate of deposit are ZERO RISK.... why wouldn't you?
Post by: hmgROCK on April 06, 2021, 09:31:53 PM
this bank i think is in new york city
and no.... i did not walk into the bank and fill out paper
i spent 5 minutes.... doing it online

Quote from: theking on April 06, 2021, 03:57:30 PM
Same with CD, it's "just going to cost you some time filling out paper at the bank"..but I'm like I'm good so no thanks...
Title: Re: CD/certificate of deposit are ZERO RISK.... why wouldn't you?
Post by: Reporter on April 07, 2021, 09:14:58 AM
Interest is too low.
Title: Re: CD/certificate of deposit are ZERO RISK.... why wouldn't you?
Post by: hmgROCK on April 07, 2021, 09:39:33 AM
Quote from: Reporter on April 07, 2021, 09:14:58 AM
Interest is too low.

Yea

I lock this away two years ago
As a hedge
When trump keep asking the FED to cut rate
before the pandemic and everything


Get a high savings account at MARCUS.COM      0.5%
Better than alot of 0.01%