Bank interest rates on US dollars- cd of deposit

jimmythegreek

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Dec 4, 2008
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If anyone knows what the current rates are please let me know
It will be so miniscule, that it is not even worth it. Better might be to buy a 10 YR. U.S. Treasury Note, if it gets back to around 3% or you could go longer-such as a 25 yr. AAA MSFT Bond, if it were to reach 5%.
 

Tamborista

hasta la tambora
Apr 4, 2005
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It will be so miniscule, that it is not even worth it. Better might be to buy a 10 YR. U.S. Treasury Note, if it gets back to around 3% or you could go longer-such as a 25 yr. AAA MSFT Bond, if it were to reach 5%.
OP was asking for Dominican bank rate, do you know what they pay or just playing armchair trader?
IF OP does not want to hold a 25 year MSFT bond to maturity, and rates go up, cause they sure ain't going down, you realize he will lose principle?

The new issue currently pays 2.724%.
 

jimmythegreek

New member
Dec 4, 2008
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OP was asking for Dominican bank rate, do you know what they pay or just playing armchair trader?
IF OP does not want to hold a 25 year MSFT bond to maturity, and rates go up, cause they sure ain't going down, you realize he will lose principle?

The new issue currently pays 2.724%.
People have been saying rates sure aren't going down for the last 30+ years-eventually it will happen, but probably this cycle isn't done yet.

Buying a USD Certificate of Deposit in a Dominican bank that pays almost nothing is just a bad idea. At least with some notes or bonds, you will get some interest and possibly some capital gains, if interest rates continue lower.
 

Tamborista

hasta la tambora
Apr 4, 2005
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The OP is better off in a laddered fund or creating a laddered portfolio to minimize adverse interest rate exposure on a 25 year issue.

Interest rates are going down, on what planet?
 

zoomzx11

Well-known member
Jan 21, 2006
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Bad idea but what do we know. Go ahead and invest but come back and tell us how it turned out. There is no free lunch here anymore.
 

porkman100

Active member
Apr 11, 2010
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In the days when the peso went from 40 something to 20 something.. and programed depreciation was not of any consequence...people made a ton of money.
Today. because of the peso devaluation...you are lucky if you brake even...not worth the risk.