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FYI: Just rolled over BANKOFBARODA NEW YORK NY CD CPN: 2.250% Due : 2/12/2019 that I bought on 12/3/18 to Compass BK CD Birmingham AL CD CPN 2.300% Due 6/17/2019. Regards, Ted
The best 1 year CD option at Schwab right now is 2.5% from Wells Fargo (actually 13 months). Pretty poor pickings compared to a few months ago. The MM is at 2.33%, so not a lot of incentive to buy more CDs right now - for me anyway.
Has anyone looked into opening brokerage accounts for bonus payments and buying short term Treasuries (at no commission)?
I started researching this, and see that E*Trade will pay $200 if you bring $25K to a new account for six months (1.6% annualized), that you could invest in a 2.4% six month Treasury. https://us.etrade.com/what-we-offer/how-it-works/brokerage
Comments
Derf
Regards,
Ted
Regards,
Ted
I have put some cash to work in a gold ETF FWIW.
https://www.bankrate.com/cd.aspx
I started researching this, and see that E*Trade will pay $200 if you bring $25K to a new account for six months (1.6% annualized), that you could invest in a 2.4% six month Treasury.
https://us.etrade.com/what-we-offer/how-it-works/brokerage
Chase(!) has a similar offer, except that it requires you to keep the money there for only 90 days ($200/$25K for 90 days is 3.2% annualized bonus).
https://accounts.chase.com/youinvest/trade/offer?jp_cmp=rb/Chase_Brand_Exact_You+Invest_SEM_US_No+xLOB_Standard_NA
Merrill Edge will pay $100 if you bring in $20K for 90 days (2.0% annualized bonus), or $150 if you are (or become) a Preferred Rewards customer.
https://www.merrilledge.com/cmaoffer ($100)
https://www.merrilledge.com/offers/900offer ($150)