XKCD is timely
Sep. 5th, 2011 07:16 am![[personal profile]](https://www.dreamwidth.org/img/silk/identity/user.png){kind=small}
nonionayI've recently come into a bit of money I want to save or invest or do something productive with. The stock market isn't looking too hot, so I figured I'd get a CD at the credit union (which I'll probably do anyway.) I poked around at the investment calculators at my credit union's website. This is me yesterday (except I'd get even lower interest than the little stick people:
https://www.xkcd.com/947/
https://www.xkcd.com/947/
no subject
Date: 2011-09-05 07:30 pm (UTC)Damn... I was all set to recommend you open a secondary account at BECU, because their interest rates on the first $500 in both savings and checking (so functionally the first $1000) were around 6% -- far better than any $1000 CD I've ever seen.
Bu-u-ut... it looks like they dropped back to regular interest rates with no warning or announcement in may. Shows you how lax I've been about my money management (my savings plan is "put chunk of money somewhere. Forget about it. Find it again. YAY!", which is kind of like the 'leave a twenty in your pocket accidentally' savings plan, except it seems to work).
Drat. Still, if you're looking at a CD, it's worth poking around to see which CU has the best option, I suppose.
EDIT: Ooh, it may be because they made their qualifications a little stricter, and now you have to move money around (ie, prove you're using it as a transaction account rather than an investment vehicle). I'll have to test that.