I was going through vanguard CD options and only see CD’s for 1 year lock in period, offering less than 1% interest. I heard Fidelity has CD’s offering 5% interest for 1 year lock in period. Where or how do I find similar CD’s in Vanguard? What CD’s are you investing in vanguard for short term which offer high interest rate?
I remember in highschool I was getting 5.7% on a CD. Felt like a baller back then
Used to get 12% in the late 80s early 90s. Good ole days. A house in Saratoga was 120k too.
Dreamland
No way any bank is giving 5% right now after feds nuked interest rates. Let me know if you find anything over 1%
OP you might be confused with 5 basis points. That means 5% of 1% aka 0.05%.... this is more reasonable
No US banks offer that rate. Try some Chinese banks 😏
5% interest only happens if you forgot to pay your tax and they charge you a penalty.
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CDs at 5% 🤣🤣🤣🤣 Ask yourself a question, why would anyone buy bonds or equities if you could get 5% with just CDs when inflation is 2%.