|
Posted by HW \"Skip\" Weldon on April 2, 2008, 1:18 pm
wrote:
>On Mar 28, 3:13 pm, Novea...@aol.com wrote:
>> My credit union tells me my money there is insured for more than
>> $100,000, by FDIC. They say EACH cd is separately insured for
>> $100,000. Supposing I have 4 cd's, I am insured for a possible
>> total of $400,000.
>
>CDARS (www.cdars.com) offers FDIC insurance up to $50 million.
This appears to offer an interesting solution where savers are keen on
FDIC. The web site mentions costs, and says that there are costs of
course, but the CD rate quoted is net of costs.
Has anyone used cdars?
-HW "Skip" Weldon
Columbia, SC
--------------------------------------
Misc.invest.financial-plan is a moderated newsgroup where Moderators strive
to keep the conversations on-topic for financial planning. Other posting
guidelines include a request for brevity and another for trimming posts to
which we respond. For all of the other tips and suggestions, see "FROM THE
MODERATORS: Posting to misc.invest.financial-plan", a weekly post now on the
Newsgroup.
| 
Yahoo! 
Google 
Windows Live 
del.icio.us 
digg 
Netscape 
XML Sitemap