Good Return on Bank Investment

**BricktownGuy** · 09-04-2009, 12:03 AM

Anyone know of any decent returns on a 1 year investment? (investments like CDs, bonds, annunities, etc)

1 year CD offers at most 2.00% - 2.20% APY from what I have found out.

Anyone have other suggestions which provides a fixed return?

**bretthexum** · 09-04-2009, 12:08 PM

Slim pickins right now, even for CDs. Until interest rates go back up it'll be horrible. Almost worth it to have money in cash in savings account getting 1.5% because of the liquidity

**decepticobra** · 09-04-2009, 04:02 PM

until the economy is revived, deem this thread to be dead.

**metro** · 09-10-2009, 11:28 AM

https://www.checkingfinder.com/, there are several local banks offering high-yield (4-5%) on online checking accounts with no minimums.

**mugofbeer** · 09-10-2009, 11:33 AM

Online banks may have the best rates but look for the online CD shopping sites. One thing to definitely avoid as a short term investment are annuities. They are useful for long term financial planning but are not a short term investment product. ALso, for such a short term investment NEVER, NEVER, NEVER invest in anything that results in a fee being charged to you. Longer-term financial planning will likely involve a management fee but for such a short term item, you do not need to pay fees.