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interests / misc.consumers.frugal-living / "Denver-area certificates of deposit are yielding 'unheard of' rates, Colorado bankers say"

"Denver-area certificates of deposit are yielding 'unheard of' rates, Colorado bankers say"

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Subject: "Denver-area certificates of deposit are yielding 'unheard of' rates,
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by: gggg gggg - Fri, 2 Dec 2022 06:42 UTC

Re: "Denver-area certificates of deposit are yielding 'unheard of' rates, Colorado bankers say"

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From: Leo...@Isenteze.org (Leo Isenteze)
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Subject: Re: "Denver-area certificates of deposit are yielding 'unheard of'
rates, Colorado bankers say"
Date: Fri, 2 Dec 2022 21:38:09 -0500
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by: Leo Isenteze - Sat, 3 Dec 2022 02:38 UTC

On 12/2/2022 1:42 AM, gggg gggg wrote:
> https://news.yahoo.com/m/92fcbe5a-858b-368e-b00c-196433e54b26/denver-area-certificates-of.html

Moronic article written by a clueless moron talking to other morons.

"Denver-area certificates of deposit are yielding 'unheard of' rates,
Colorado bankers say"

"Colorado's most prominent banks are advertising certificates of deposit
with a 3% annual return on investment."

A 3% CD rate is a huge ripoff.

Anyone can get 3.77% in a Schwab money market fund. 26 and 52 week T
bills are 4.66%. 12 month brokered CDs are 4.90%.

'unheard of' rates is utter nonsense. CD rates hit 18% between 1980 and
1982.

I'm sure these morons have never heard of Paul Volcker.

Subject	Author
"Denver-area certificates of deposit are yielding 'unheard of' rates,	gggg gggg
Re: "Denver-area certificates of deposit are yielding 'unheard of'	Leo Isenteze