Confident in Your Company?
It's a lesson we constantly fail to learn: Avoid investing in your company's stock. Employees who believed their firm could not fail have lost billions of dollars. We compare the rate you can get on a Bank of America CD in the bank itself versus through a brokerage firm. The difference is shocking. Plus, how to make a CD ladder.
Listeners stop by to ask:
What should be done with an investment account with Securian?
What do we think of FDIC-insured online banks?
What should be done with a bunch of money that has no stated purpose?