The Bank around the corner won't pay you an interest rate above maybe 2 percent. Unfortunately that does not even keep up with the inflation rate (CPI) which recently has been running around 2.5-3.5%
If you could guarantee a 1% annual interest rate with the potential to earn several times as much would that be of Interest to you? In todays market is it possible to beat inflation?
Bankrate,com today showed 5 yr CD rates from 0.6% up to 2.05%
If your not happy with those rates and no upside potential let us know!
We are talking FDIC insured deposits, moderately high minimums and typically a 7 year term.
If you are not in need of FDIC Insurance and are interested in 6% with a non bank rate let us know!
Financial alternatives are out there with low risk. One should always maintain diversification in their financial portfolio. Not all products are suitable for all clients! Not all products are liquid as fees may apply for early withdrawal or surrender.
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