No. of Recommendations: 1
(((((Are your sure that it is that tricky to buy CD's from another state?))))

In my case, yes. While I usually have no trouble buying CDs through Fidelity, there were a couple of times where my order to buy was rejected. The reason, the Fidelity phone rep said, was that the CDs because were not "blue skied" in my state.

I'm not saying it happens a lot. (Fortunately, it was not an issue in your uncle's case.) But it does happen, and it's aggravating when it does. It all depends on where you live, what bank you're dealing with, and applicable state law.

(((((Given my good experiences with the above institutions, perhaps I should try and learn their online capabilities.))))

Go for it, if you think the rates paid are enough to offset such hassles as dealing with multiple accounts and waiting for interest checks from out-of-state banks to be mailed to you. Personally, I like the convenience of dealing with one source (Fidelity). But maybe that's just me.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.