It's not just the interest rates in the US its also the stock market and pretty much all investments are feeling the pain. I personally know of people that have lost $50,000 due to all the economic problems. That is primarily why I want to find something that is virtually risk free and CD's seem to be the way to go.
Thanks for the info, I will check out QNB and see if it fits in with what I want to accomplish. 2.75% is not much but if it is variable as the economy picks up so will the percentage points.
It's not just the interest rates in the US its also the stock market and pretty much all investments are feeling the pain. I personally know of people that have lost $50,000 due to all the economic problems. That is primarily why I want to find something that is virtually risk free and CD's seem to be the way to go.
Thanks for the info, I will check out QNB and see if it fits in with what I want to accomplish. 2.75% is not much but if it is variable as the economy picks up so will the percentage points.