HELP PLEASE111111111?

Question

How can I get more than a C.D.rate of 3.5 to 4% on my money?

Are there SAFE places to earn more?

Answer 1

Try hsbc direct. It is internet bank of multi billion dollar HSBC bank they pay 3.5%. It is normal savings account with no CD type restrictions.

Most important, deposits are FDIC insured upto $ 100,000 per customer (If bank goes bankrupt, Federal reserve bank will make the payment ). So pretty safe.

www.hsbcdirect.com

Answer 2

Not really. If there were, everyone would invest in them and the yield would drop like a rock!

Answer 3

3.5%-4% are good rates these days.  You can go to a stock brokerage house and buy what is called commercial money.  Walk into Fidelity or Oppenheimer, Wachovia etc.  Ask to speak to a broker.  I don't believe there is any charge to buy commercial money.  Commercial money is interest a company will pay you to use your money.  eg GM (general motors) is paying 8% BUT the company is in bad shape and has a low quality rating.  Your broker will help you and tell you what is available.