Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search
13 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
where can I get a good interest rate on savings? (Original Post) mitchtv Jan 2012 OP
i'm getting 1% with DesertFlower Jan 2012 #1
Buy a good dividend blue-chip stock - Like AT&T - 6% return banned from Kos Jan 2012 #2
thanks but stocks? mitchtv Jan 2012 #3
McDonald's pays only 3% safeinOhio Jan 2012 #4
This message was self-deleted by its author Mnemosyne Jan 2012 #5
I will watch this thread with interest. DURHAM D Jan 2012 #6
I have some MetLife mutual bonds that have been doing a shade better than 3% since 2008. Scuba Jan 2012 #7
Cayman Islands. nt gateley Jan 2012 #8
Penfed Credit Union CD's (on line) nt. marybourg Jan 2012 #9
You're already earning a much better rate than average. Nye Bevan Jan 2012 #10
Depends what you want dmallind Jan 2012 #11
thanks, to all mitchtv Jan 2012 #12
1991 Motown_Johnny Jan 2012 #13

mitchtv

(17,718 posts)
3. thanks but stocks?
Mon Jan 16, 2012, 06:07 PM
Jan 2012

I just can't do it again, not enough time to make it back My bell system stocks are enough (employee)

safeinOhio

(32,532 posts)
4. McDonald's pays only 3%
Mon Jan 16, 2012, 06:12 PM
Jan 2012

but the price has gone up 30% in the last year. If you had purchased $70 grand worth a year ago you would have made about 33% on it.

Some risk in dividend stocks, however many utility stocks have had 4 to 5% returns over the long haul with decent appreciation. Dividends are also taxed at a lower rate.

Response to mitchtv (Original post)

DURHAM D

(32,596 posts)
6. I will watch this thread with interest.
Mon Jan 16, 2012, 07:07 PM
Jan 2012

I am also with State Farm. Just looked around last week but could not find a better spot. I have a brother in Florida who kept claiming he was doing better than SF in some small credit union. I finally made him actually pull out his statement and really look at it - he was wrong. He is moving more to SF.

Nye Bevan

(25,406 posts)
10. You're already earning a much better rate than average.
Mon Jan 16, 2012, 07:53 PM
Jan 2012

The only way to do significantly better (while keeping FDIC insurance) would be to buy CDs. A 5 year CD should get you closer to 2% but of course you are locking up your money.

dmallind

(10,437 posts)
11. Depends what you want
Mon Jan 16, 2012, 10:44 PM
Jan 2012

Preferred stocks you can get 6.375% with AT&T. Not common stock but safe preferred.

If you insist on avoiding equities ING's checking will give you 1.1% at that level.

mitchtv

(17,718 posts)
12. thanks, to all
Mon Jan 16, 2012, 11:22 PM
Jan 2012

I love DU, the members are always a great resource, I have some avenues to investigate

Latest Discussions»General Discussion»where can I get a good in...