Certificate of Deposit VS High Yield Savings account - Suggestions please

[prince143]

Planning to move my savings to one of these for home purchase sometime end of next year.

Certificate of Deposit  mostly offering 3 % for 6 months. High Yield Savings  also from offering same rate.

Not interested in Ibonds as I need the amount within an year and Ibonds have limit of 10k

Any suggestions for best High Yield Savings or CD ladder to park down payment money for 6 months?

@Vaampire@Spartan@tom bhayya@veerigadu@csrcsr@sri_india

 

[Spartan]

next year iu konadam kosam ante..

stock market lo better returns vastai..a bokkao 3% kanna..

ani @Vaampire told.

qqq lo sagam, tqqq lo sagam pettu...

lottery tagilte million dolllar home kontav..

 

[prince143]

2 minutes ago, Spartan said:

next year iu konadam kosam ante..

stock market lo better returns vastai..a bokkao 3% kanna..

ani @Vaampire told.

qqq lo sagam, tqqq lo sagam pettu...

lottery tagilte million dolllar home kontav..

 

thanks bro. But at this point I don't want to risk on market. I am looking for safer options.

[Spartan]

1 minute ago, prince143 said:

thanks bro. But at this point I don't want to risk on market. I am looking for safer options.

you can go CD route. check their T&C

[prince143]

3 minutes ago, Spartan said:

you can go CD route. check their T&C

if CD and high yields savings bank offer same rate don't you think the latter is better?  any idea of CD's that offer higher that 3%?

[Spartan]

7 minutes ago, prince143 said:

if CD and high yields savings bank offer same rate don't you think the latter is better?  any idea of CD's that offer higher that 3%?

a route explore cheyaled anna 

[Mohini]

12 minutes ago, prince143 said:

if CD and high yields savings bank offer same rate don't you think the latter is better?  any idea of CD's that offer higher that 3%?

Cyeck amboy direct bank. They are offering 3.75% for CD and FDIC insured

[TampaBangaram]

26 minutes ago, prince143 said:

Planning to move my savings to one of these for home purchase sometime end of next year.

Certificate of Deposit  mostly offering 3 % for 6 months. High Yield Savings  also from offering same rate.

Not interested in Ibonds as I need the amount within an year and Ibonds have limit of 10k

Any suggestions for best High Yield Savings or CD ladder to park down payment money for 6 months?

@vampire@Spartan@tom bhayya@veerigadu@csrcsr

 

Anni oka Dantlo pettali ani emundi bro .. ibonds lo 10k each for you and your spouse .. tarvata migilinadi check for high savings yield or cd whichever gives you high yield 

[prince143]

.

[prince143]

4 hours ago, Mohini said:

Cyeck amboy direct bank. They are offering 3.75% for CD and FDIC insured

I found this Freedom credit union offering 4% for 6 months

https://freedomcu.org/

 

[Mohini]

16 minutes ago, prince143 said:

I found this Freedom credit union offering 4% for 6 months

https://freedomcu.org/

 

Is it FDIC insured?

[Anta Assamey]

4 hours ago, Spartan said:

next year iu konadam kosam ante..

stock market lo better returns vastai..a bokkao 3% kanna..

ani @Vaampire told.

qqq lo sagam, tqqq lo sagam pettu...

lottery tagilte million dolllar home kontav..

 

tagalakapote....ade @Vaampire ki unna million dollar intlo rent ki untadu ... ante na...

[prince143]

43 minutes ago, Mohini said:

Is it FDIC insured?

Not by FDIC but by NCUSIF.

 

The NCUSIF provides all members of federally insured credit unions with $250,000 in coverage for their single ownership accounts.

https://www.ncua.gov/files/publications/guides-manuals/NCUAHowYourAcctInsured.pdf

 

[Vaampire]

2 hours ago, Anta Assamey said:

tagalakapote....ade @Vaampire ki unna million dollar intlo rent ki untadu ... ante na...

Mee home owners ki maa tenants antey chinna choopey

[prince143]

Ltt