Promotional Cd Rates

It appears that both the financial institution offering their promotional CD interest rates. I want to jump on the bandwagon by putting more money in a relatively high yield acct. However, I am afraid to block funds in an account in the long term rather than leaving it in a current account or a money market account.

Go to Start Citibankonline.com savings account online. It is best for cash at 4.75% and rates go up, so will the rate. Best prices in the short term.

For more than a year, watching a mutual fund variable rate. He buys shorterm corporate debt, and gives you an interest about 5.35 to 6%.

XLACX or Highland Floating Rate Advantage Class C is the best choice. Remember, you need to keep money in the fund for 1 year, or their is a penalty of 1%.

Search in I-Bonds. I Bonds are low risk, liquid savings product. If you own interest they earn to protect you against inflation. You can buy bonds through TreasuryDirect I, in most local financial institutions or through payroll deduction. As a TreasuryDirect account holder, you can buy, manage and redeem I Bonds directly from your browser.

If you think rates will rise, why would you want to block a lower rate now? You must wait until they come up before Doig.