The ING Direct Bank Signup Bonus is now being offered for those of you that wish to purchase stocks. Right now there is a $50 account bonus for those of you that sign up with a sharebuilder account. The cost pre stock purchase is only $4.
They take a long-term approach and help investors build wealth with three solid concepts:
Discipline
Start good investing habits using an Automatic Investment Plan—allowing you to invest in regular intervals.
Dollar-cost Averaging
Consistently build a portfolio over time—you can choose any amount.
Diversification
Reduce your risk over time—use the free PortfolioBuilder tool to receive a suggested ETF portfolio that is customized for you.
Using these three simple concepts as guiding principles, ShareBuilder works towards helping you make smart investing decisions.
You will have a choice of over 7000 stocks, mutual funds and ETF in which to invest your money. The $50 bonus will be credited to your account 7 days after your first purchase on an investment. With such a wide array of choices no doubt this tends to be the most sought after investment as of today.
For a more conservative investment, ING is offering their CD Rates. The 6, 9 12 and 18 month CDs are earning an APY of 0.75%. The 2 year CD is earning an APY of 1.00%. The 30, 36, 48 and 60 month CDs are earning an APY of 1.25%.
These are fixed rate CDs that has an upper limit on deposits of $250,000 that is FDIC insured. The interest can be paid monthly, annually or at the maturity time. To attain the stated APY, the principal and the interest must remain in the CD for the life of the term.
To open an account you can visit a branch office or just visit their website online. Everything you need to do can be done electronically. The time require to open an account online is averaging less than 5 minutes.
There are no fee associated with a CD account except when an early withdraw is performed. Then a large portion of the interest earned will be lost along with a fee.
To know more about the Citibank CD Rates, Best CD Rates, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit - http://bestcdratesinformation.typepad.com
Tuesday, March 8, 2011
Friday, March 4, 2011
Best NYC Banks to Invest your money
This includes Citibank, Chase Manhattan, Bank of America and Federal Reserve Bank of NY which really dont have the Best CD Rates to offer for the people wanting to stash their money into CD Rates. Many of them have since moved their headquarters from the Big Apple. Unfortunately none of these giant financial institutions need much money on deposit and have very low CD Rates.
Many of the others like the Bank of New York Mellon refuse to post their CD rates. They require you to contact them if you desire this information. This is a general sign that their rates lack being competitive and wish to have you in their office to sell the CD on other aspects of the account other than attractive rates.
It is the local community banks that are currently offering decent CD rates for their customers. Intervest National Bank is one of the few that actually advertises their CD rates. They are currently offering a 6 month CD that is earning an APY of 0.60%. The 1 year CD is earning an APY of 1.15%. The 2 year CD is earning an APY of 1.50%. The 5 year CD is earning an APY of 2.33%. These rates require a minimum deposit of $2,500 and were posted on February 23, 2011.
As for the M&T Trust CD rates, they are offering a 6 month CD at an APY of 0.25%. The 1 year CD is at an APY of 0.50%. They also are offering a promotional 6 month CD that is earning an APY of 0.35%. The 1 year CD at 0.65% and a 5 year promotional rate of 2.00%. Each of these requires a minimum deposit of $1,000 and was posted on February 16, 2011.
The worst CD rates are from Chase. They have a 6 month CD that is earning an APY of 0.25%. The 1 year is also only offering an APY of 0.25%. These require a minimum deposit of $1,000.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
To know more about the Citibank CD Rates,best bank rates, best cd rates USA, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit - http://bestcdratesinusa.wordpress.com/
Many of the others like the Bank of New York Mellon refuse to post their CD rates. They require you to contact them if you desire this information. This is a general sign that their rates lack being competitive and wish to have you in their office to sell the CD on other aspects of the account other than attractive rates.
It is the local community banks that are currently offering decent CD rates for their customers. Intervest National Bank is one of the few that actually advertises their CD rates. They are currently offering a 6 month CD that is earning an APY of 0.60%. The 1 year CD is earning an APY of 1.15%. The 2 year CD is earning an APY of 1.50%. The 5 year CD is earning an APY of 2.33%. These rates require a minimum deposit of $2,500 and were posted on February 23, 2011.
As for the M&T Trust CD rates, they are offering a 6 month CD at an APY of 0.25%. The 1 year CD is at an APY of 0.50%. They also are offering a promotional 6 month CD that is earning an APY of 0.35%. The 1 year CD at 0.65% and a 5 year promotional rate of 2.00%. Each of these requires a minimum deposit of $1,000 and was posted on February 16, 2011.
The worst CD rates are from Chase. They have a 6 month CD that is earning an APY of 0.25%. The 1 year is also only offering an APY of 0.25%. These require a minimum deposit of $1,000.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
To know more about the Citibank CD Rates,best bank rates, best cd rates USA, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit - http://bestcdratesinusa.wordpress.com/
Thursday, February 17, 2011
Average CD Rates Drop
The last low point for Best CD Rates was in 2003 when the average 6 month CD was earning an APY of 1.683, the 1 year was earning an APY of 2.054% and the 2 year CD was at an APY of 2.507%.
At the end of January 2011 the CD Rates were falling and they still are. The last week of January the 6 month CD was at 0.427%. Since that time it has continued in its downward movement to its present location at 3.19%.
The 1 year CD is following suit being at 0.676% APY and now dropping to 0.671%. The 2 year CD was at 1.008% and has dropped to an APY of 1.02%.
All of these current rates are far below the rates that were posted in 2003 and that bottoming out of the CD roller coaster. This has all been caused by the FED artificially keeping the interest rate low. This was done a couple of years back to give the banks the incentive to make loans.
This policy by the FED has not worked as expected. Today the banks are increasing their fees they charge their customers and are racking in record profits. They have also tighten their grip on the loans they were suppose to give out to the American consumer for receiving the tax payer funded bailout.
All American know that big business influences the policies of the federal government. What most of us did not realize until now was just how much influence they actually had. America will see a rise in CD rates once the federal government begins to represent the people again and not the interest of the few that run the large financial institutions and other large corporations. This will bring an end to the average CD rates drop and start them to rise again to respectable levels.
For additional resources about CDs on this website, please view Best Oklahoma CD Rates. We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
To know more about the Citibank CD Rates, Best CD Rates, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit - http://bestcdratesinformation.typepad.com
At the end of January 2011 the CD Rates were falling and they still are. The last week of January the 6 month CD was at 0.427%. Since that time it has continued in its downward movement to its present location at 3.19%.
The 1 year CD is following suit being at 0.676% APY and now dropping to 0.671%. The 2 year CD was at 1.008% and has dropped to an APY of 1.02%.
All of these current rates are far below the rates that were posted in 2003 and that bottoming out of the CD roller coaster. This has all been caused by the FED artificially keeping the interest rate low. This was done a couple of years back to give the banks the incentive to make loans.
This policy by the FED has not worked as expected. Today the banks are increasing their fees they charge their customers and are racking in record profits. They have also tighten their grip on the loans they were suppose to give out to the American consumer for receiving the tax payer funded bailout.
All American know that big business influences the policies of the federal government. What most of us did not realize until now was just how much influence they actually had. America will see a rise in CD rates once the federal government begins to represent the people again and not the interest of the few that run the large financial institutions and other large corporations. This will bring an end to the average CD rates drop and start them to rise again to respectable levels.
For additional resources about CDs on this website, please view Best Oklahoma CD Rates. We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
To know more about the Citibank CD Rates, Best CD Rates, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit - http://bestcdratesinformation.typepad.com
Wednesday, February 2, 2011
Brokered CD's an Informative guide
What are Brokered CDs? This is a question many investors are asking in their quest to obtain the maximum amount of earnings through this conservative type of investment. As the name suggests, a brokered CD is purchased through a broker or third party other than a bank or credit union.
With a typical CD that is purchased through a financial institution, the stated CD rates for that establishment are all that is available at that place of business. With a brokered CD, the investor has a variety of choices from many different financial institutions that your broker is currently handling. Unlike bank issued CDs, the brokered CD can be bought and sold on a secondary market before their maturity term has expired.
The CDs purchased through a broker do allow for a wider variety, but as an individual you can go to these financial institutions and make the same purchase without having to pay the broker’s fee. This is now possible through the online websites of most financial institutions.
The ideal situation is when a broker has negotiated a better than advertised rate with a financial institution that includes a large sum of money for an extended period of time. They then break this CD into smaller CDs and sell them to numerous investors. If these brokered CDs need to be sold before their maturity dates, this is done on the secondary market where the value is generally lower than the face value.
If you decide to purchase a brokered CD, have your broker give you examples of CDs on this secondary market for the best possible deal. Also, look into the rating of the financial institution that is issuing the CD. If the establishment has a rating below 4 stars, selling the CD will be at a discount because of the conceived higher risk.
What are brokered CDs is that they are another mechanism for investment by individuals and businesses to earn a profit. Before placing a deposit in one, please read all the fine print and know the reputation of the broker. This could save you from losing part of your principal.
To know more about the Citibank CD Rates, best cd rates USA,Best CD Rates, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit - http://hsbccdrates.wordpress.com/
With a typical CD that is purchased through a financial institution, the stated CD rates for that establishment are all that is available at that place of business. With a brokered CD, the investor has a variety of choices from many different financial institutions that your broker is currently handling. Unlike bank issued CDs, the brokered CD can be bought and sold on a secondary market before their maturity term has expired.
The CDs purchased through a broker do allow for a wider variety, but as an individual you can go to these financial institutions and make the same purchase without having to pay the broker’s fee. This is now possible through the online websites of most financial institutions.
The ideal situation is when a broker has negotiated a better than advertised rate with a financial institution that includes a large sum of money for an extended period of time. They then break this CD into smaller CDs and sell them to numerous investors. If these brokered CDs need to be sold before their maturity dates, this is done on the secondary market where the value is generally lower than the face value.
If you decide to purchase a brokered CD, have your broker give you examples of CDs on this secondary market for the best possible deal. Also, look into the rating of the financial institution that is issuing the CD. If the establishment has a rating below 4 stars, selling the CD will be at a discount because of the conceived higher risk.
What are brokered CDs is that they are another mechanism for investment by individuals and businesses to earn a profit. Before placing a deposit in one, please read all the fine print and know the reputation of the broker. This could save you from losing part of your principal.
To know more about the Citibank CD Rates, best cd rates USA,Best CD Rates, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit - http://hsbccdrates.wordpress.com/
Thursday, January 27, 2011
The failure to research CD rates can cost you a fortune since most that invest casually do rarely obtain the best possible deal with this type of investment. Being a serious investor is hard work that takes dedication to achieve your goals.
Researching the best possible CD rates is not as hard as it may seem. One thing you should avoid is going to a branch office and asking about their CDs in person. This is the slowest and most inefficient way of proceeding with this conservative investment. Most financial institutions that have decent to great rates advertise them on the internet. If a bank does not and suggest you travel to their branch office, odds are that their CD rates are not attractive and they hope to get you into their office where comparing to other financial institutions is no longer available to you.
Remember, knowledge is power so never allow any institution to limit your resources. The use of the telephone or internet is the fastest, easiest, and most cost effective way of obtaining the knowledge on who has the best CD rates in your area.
As a simple example, Chase Manhattan Bank is a nationwide institution with a very good reputation. Their current CD rate on a 1 year CD is .025% APY. Another nationwide bank is ING that currently has a 1 year CD earning an APY of 1.00%. Then, there is Ally Bank with a 1 year CD that is earning an APY of 1.29% APY. By just comparing these three financial institutions, you can see the difference of over 4 times the amount of interest you can accrue from the lowest to the highest.
This is just one example of how your failure to research CD rates can cost you a fortune. Many financial institutions are in business to make the largest profit for them while giving out the lowest possible returns so they make money, not you.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
To know more about the Citibank CD Rates, Best CD Rates, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit - http://bestcdrates.blog.com/
Researching the best possible CD rates is not as hard as it may seem. One thing you should avoid is going to a branch office and asking about their CDs in person. This is the slowest and most inefficient way of proceeding with this conservative investment. Most financial institutions that have decent to great rates advertise them on the internet. If a bank does not and suggest you travel to their branch office, odds are that their CD rates are not attractive and they hope to get you into their office where comparing to other financial institutions is no longer available to you.
Remember, knowledge is power so never allow any institution to limit your resources. The use of the telephone or internet is the fastest, easiest, and most cost effective way of obtaining the knowledge on who has the best CD rates in your area.
As a simple example, Chase Manhattan Bank is a nationwide institution with a very good reputation. Their current CD rate on a 1 year CD is .025% APY. Another nationwide bank is ING that currently has a 1 year CD earning an APY of 1.00%. Then, there is Ally Bank with a 1 year CD that is earning an APY of 1.29% APY. By just comparing these three financial institutions, you can see the difference of over 4 times the amount of interest you can accrue from the lowest to the highest.
This is just one example of how your failure to research CD rates can cost you a fortune. Many financial institutions are in business to make the largest profit for them while giving out the lowest possible returns so they make money, not you.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
To know more about the Citibank CD Rates, Best CD Rates, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit - http://bestcdrates.blog.com/
Friday, January 21, 2011
Best CDs for Senior Citizens
The best CDs for Senior Citizens would need to fit their needs at this stage in their lives. It is also dependent on how they planned for their retirement. Some retirees need to use their CDs as a source of income. For these individuals, the short term CDs would be best so the capital can be easily accessed when it is needed without the assessing of a penalty.
For those that can live off of the interest that is earned from the CDs, long or short term would suffice. This is when the CD rates play a bigger part of the picture. The better the rate of return, the more they will have to spend.
For those that have a substantial amount of savings, the CD ladder is a wise mechanism for their investment. This allows for the best possible returns on longer term CDs to be invested in while having CDs maturing at regular intervals so the capital can be easily accessed. These intervals can be biannually or annually, depending on the specific needs of the senior citizen.
For the CDs that are part of an IRA program, taxes play a large part of when a person would want to make a withdrawal of the capital that was invested. By reducing the tax liability, more of the senior’s money can be saved and go towards their expenses rather than the US government coffers.
The best CDs for Senior Citizens are wholly dependent on their needs and financial plans for the future. Determining how much a person needs and the time period in which they will need it will determine their best course of action.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
To know more about the Citibank CD Rates, Best CD Rates, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit - http://bestcdratesinformation.typepad.com
For those that can live off of the interest that is earned from the CDs, long or short term would suffice. This is when the CD rates play a bigger part of the picture. The better the rate of return, the more they will have to spend.
For those that have a substantial amount of savings, the CD ladder is a wise mechanism for their investment. This allows for the best possible returns on longer term CDs to be invested in while having CDs maturing at regular intervals so the capital can be easily accessed. These intervals can be biannually or annually, depending on the specific needs of the senior citizen.
For the CDs that are part of an IRA program, taxes play a large part of when a person would want to make a withdrawal of the capital that was invested. By reducing the tax liability, more of the senior’s money can be saved and go towards their expenses rather than the US government coffers.
The best CDs for Senior Citizens are wholly dependent on their needs and financial plans for the future. Determining how much a person needs and the time period in which they will need it will determine their best course of action.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
To know more about the Citibank CD Rates, Best CD Rates, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit - http://bestcdratesinformation.typepad.com
Thursday, January 20, 2011
How to Buy the Right CD for You
How to buy the Best CD Rates for you is determined by your financial goals and needs, in combination with what stage of life you are currently in. For most Americans, the CD ladder is the best financial move they can make. This financial tool allows for constant return on your investment while still having regular access to the principal amounts that were invested.
The specific CD rates for each rung of the ladder are different. Generally, the longer the term, the greater the APY each deposit will earn. When this type of mechanism is started, the lower term CDs will not be earning a very high rate in all cases, but as the terms come due, this will change. If a person invests in a 1, 2, 3, 4 and 5 year CDs to begin with, then each year a CD will be maturing and access to the principal will be possible without any penalty.
With each maturing CD, the principal can then be reinvested in the longest term that has a better CD rate. Within 5 years with this example and all of the maturing CDs reinvested in another 5 year CD, the maximum return on investment can be obtained.
This mechanism is good for all ages of investors. For the people close to retirement, a majority, if not all, of their investment dollars should be done this way. For younger investors, only a portion of their retirement money should be in this conservative type investment, generally 20% to 30%. This approach will prevent a total loss of the investment due to changes in the economic conditions that might negatively affect other types of investments.
This is one way on how to buy the right CD for you. Best of all with this conservative investment, your principal is guaranteed by the FDIC.
We strive to bring you the latest and most accurate data possible from the home sites of the financial institutions we name. Always remember, the bigger the risk, the larger the reward or loss. Invest with caution.
To know more about the Citibank CD Rates, Best CD Rates, PNC CD Rates, highest cd rates, Chase CD Rates, you must visit – http://bestcdratesinformation.typepad.com
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