Which CD is best for investing 60k ?
Have been seeing many CDs offring 4.5% + like synchrony, people direct and first internet bank etc . Are these good/trustworthy ones ? Are there anything else you suggest
Capital One can be trusted
Navy federal is 5%
Is there a limit or condition for that?
TD ?
HSBC expat
Chase has a 3 month CD for 4%
Doe sit mean in 3 months itslef i get 4% of ehqt i invested say 4% of 60k in my case?
If you don’t need liquidity at the moment, you can invest 10k per SSN in I Bonds on treasure direct at 6.89%. If you have kids, you can invest using their SSN as well.
Vanguard money market yield is 4.3%, with better tax treatment than CDs. Don't bother getting CDs with rate <5%.
Short term treasuries are also yielding 4.2-4.7 for somewhere like 3-6 month periods. No state tax on those.
I would also look into investment grade corporate bonds and Agency bonds. They are paying really good yields right now.
Yes, if they are FDIC insured. They should all be. Double check. How about Ally bank ?
Ally is only 4.25%
Ally is offering 4.6% for 13 months