Is your bank taking you to the cleaners?

High yield interest rates

High yield interest rates

I just logged out of my online banking account and saw the above High Yield CD offer.  For the “amazing” market beating interest rate of 1.6% the bank would hold my money for 12-months.  What a deal!  NOT! I am sure there are at least 10 alternative ways to get more than 1.6% return on your money over a 12 month period.   What do you folks think?  How would you get more than 1.6% in 12 month for your money.  Where are you investing your money?   What types of returns are you getting? Write your opinion below.  Share your knowledge.  No Registration required.

Andre

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