Viewing a single comment thread. View all comments

nrj3697 t1_j6oiq6a wrote

Reply to comment by fluffy_bunny22 in Why dont people talk about Tbills, Bonds, and CD's anymore? I remember my grandmother who was an accountant had tons of paper bonds for me when i turned 18. by [deleted]

Yeah if you use fidelity or any of those they have them on their. You could also lock in some CD's for nice rates long term if that's what you wanted to do.

2

fluffy_bunny22 t1_j6ono57 wrote

We use Merrill for our brokerage so I'll have him check. We use Ally for our CDs. I remember back in the day when I worked at a bank you could get 8% for CDs. I worked in the IRA department and had to pull paper files sometimes and there were customers who had at one point had CDs at like 13%.

3

nrj3697 t1_j6oohjy wrote

That’s crazy

3

fluffy_bunny22 t1_j6oq0ga wrote

It was the 80's. It's going to be my grandma claim to fame along with when I was younger gas was 69 cents a gallon. It was technically only that cheap for 2 weeks because a new station had opened and they wanted to drive traffic their way.

2