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Updated almost 6 years ago on . Most recent reply

Ryan Moore's profile image
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Ryan Moore
  • Rental Property Investor
  • from Phoenix, AZ
  • Member since Jun 1, 2015

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Ryan Moore's profile image
Ryan Moore's profile image
Ryan Moore
  • Rental Property Investor
  • from Phoenix, AZ
  • Member since Jun 1, 2015
Ryan Moore
  • Rental Property Investor
  • Phoenix, AZ
50
Votes |
224
Posts
Personal Finance

CD vs Savings, comparing the rates

Ryan Moore
  • Rental Property Investor
  • Phoenix, AZ
Posted

On Ally, their savings accounts are 1.75% right now.  I was looking at their other products... why would anyone even consider a money market at 0.9%-1.0% and CDs that are <1.75%?  Is there something I'm missing about these products?  

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Paul Allen's profile image
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Paul Allen
  • Financial Advisor
  • from Virginia Beach, VA
  • Member since Feb 23, 2017

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Paul Allen's profile image
Paul Allen's profile image
Paul Allen
  • Financial Advisor
  • from Virginia Beach, VA
  • Member since Feb 23, 2017
Paul Allen
  • Financial Advisor
  • Virginia Beach, VA
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502
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Paul Allen
  • Financial Advisor
  • Virginia Beach, VA
Replied
Originally posted by @Michael Lee:

 Financial Planners and Banks never tell you what could really help you out.

Don't leave us hanging. Give us the secret sauce.

4 Votes
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