5.20% CD terms 6mo to 10 years. too good to be true?

[deviltrader]

My question is, what does this have to do with trading?

 

[nkhoi]

Fidelity is pleased to announce this week’s New Issue Agency / GSE offerings:

Name Coupon Maturity Rating Call Protected Price
FHLB 5.20% 09/21/2007 Aaa/AAA* Yes** 100.00
FHLB 5.25% 04/02/2009 Aaa/AAA* No** 100.00
FNMA 5.40% 03/29/2010 Aaa/AAA* No** 100.00
FHLB 5.55% 04/12/2012 Aaa/AAA* No** 100.00
FFCB 5.60% 03/26/2013 Aaa/AAA No** 100.00
FHLB 5.875% 04/03/2017 Aaa/AAA* No** 100.00
FHLB 6.04% 03/28/2022 Aaa/AAA* No** 100.00

*Moodys/S&P Ratings
** * Call Protected "Yes" means the bond is not callable. Call Protected "No" means the bond is callable.

 

[Surdo]

Quote from deviltrader:

My question is, what does this have to do with trading?

Believe it or not, some of us actually MAKE MONEY trading and need to set aside some of our earnings outside of a trading account.

el surdo

 

[stock777]

5.2, lol

Im getting 6.25 on insured 3 year paper.

 

[a529612]

http://www.elitetrader.com/vb/showthread.php?threadid=89918

 

[seasideheights]

I miss these interest rates from last year.

All my CD's are coming due within the next several months.

No more 5%+ CD's anymore.

 

[Surdo]

Quote from seasideheights:

I miss these interest rates from last year.

All my CD's are coming due within the next several months.

No more 5%+ CD's anymore.

No $hit Sherlock!
No more free money.
This thread had some hair on it, nice work dusting it off.
It's not even worth putting the futures account in a T Bill any more@ 1.55%.

 

[Drock409]

Its almost like a PUNISHMENT To save money

unfortunatly..every asset class is going down so ur almost better off taking the measly 2.5% than even risking ur money in illiquid assets or a percieved commodity bubble

Very tough times

thank God for trading

 

[blackjack007]

Quote from Surdo:

Believe it or not, some of us actually MAKE MONEY trading and need to set aside some of our earnings outside of a trading account.

el surdo

so by your logic, i should post a thread titled "what car or sofa should i get?" in the trading forum, because some of us make enough money in trading to buy a car or sofa.

dumb logic.

 

[HedgefundTrader2]

Quote from seasideheights:

5.20% cd's from 6 mo to 10 years. Does this sound too good to be true? Why are the rates so much higher than anywhere else?

https://www.emigrantdirect.com/EmigrantDirectWeb/login/CDLanding.jsp

As of March 28, 2008 HSBC, EMMIGRANT and SUN TRUST all paying less than 3.5 % and it will go lower with more rate cuts.

Invest in Stocks and Real estate asset classes your results wil be far better than 5% that you are looking at.

Now you know why the Fed rate cuts are working? You are running from pillar to post finding a place to park cash. Rewind circa 2000-2003 what did follow after Fed rate cuts ?

1/ Bull market in stock and equities
2/ Red hot Real estate markets

Can you make some serious money?