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Author: brucedoe Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 34984  
Subject: 6 mo. CD Date: 7/6/2006 2:02 PM
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E*Trade is advertising a 6-mo. CD at 5.46% APY.

brucedoe
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Author: blearynet Two stars, 250 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 17402 of 34984
Subject: Re: 6 mo. CD Date: 7/6/2006 2:55 PM
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If one is in a high tax state, (we have a 9.3% state income tax), is it correct that one is better off with 6 month T-bills at present, since they are not subject to state tax? I ran the calculation and it appears to be the case. Am I missing something?

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Author: markr33 Big gold star, 5000 posts Old School Fool CAPS All Star Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 17403 of 34984
Subject: Re: 6 mo. CD Date: 7/6/2006 3:11 PM
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And Countrywide has a 9-month 5.7% CD.
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Author: Lokicious Big gold star, 5000 posts Feste Award Nominee! Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 17404 of 34984
Subject: Re: 6 mo. CD Date: 7/6/2006 3:12 PM
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If one is in a high tax state, (we have a 9.3% state income tax), is it correct that one is better off with 6 month T-bills at present, since they are not subject to state tax? I ran the calculation and it appears to be the case. Am I missing something?

I didn't run a calculation, but that's probably correct. In a high tax state, it will take a major anomoly, under present overall conditions, for you to get a CD that beats T-bills.

When Treasuries were very low, a couple of years ago, it was pretty easy to find 5-year CDs that beat 5-year Treasuries and TIPS, even after high state taxes. I'm not sure about short term choices. But, anyway, things have leveled off.

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Author: LuckyDog2002 Big funky green star, 20000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: 17426 of 34984
Subject: Re: 6 mo. CD Date: 7/11/2006 8:12 AM
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Village Bank is offering 6% on a 6 mth CD

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