CDs or something else?

Interest rates on certificates of deposit are near rock bottom. The national average rate on a 12-month $25,000 Certificate of Deposit stands at 0.31% — well below the 0.63% level two years ago and 4% in 2007.  Accrued interest on that CD would be roughly $77.*

By comparison, that same $25,000 invested in D2 Capital Management's Tax Free Income Portfolio (yielding 3.28%) would generate about $832 in tax free interest over the same one year period.  $25,000 invested in the D2 Capital Management 100% Fixed Income Portfolio (yielding 3.87%) would accrue approximately $984 in interest.

* Neil Shah, Wall Street Journal

The information contained in this article does not constitute a recommendation, solicitation, or offer by D2 Capital Management, LLC or its affiliates to buy or sell any securities, futures, options or other financial instruments or provide any investment advice or service. D2, its clients, and its employees may or may not own any of the securities (or their derivatives) mentioned in this article.

The Jacksonville Business Journal has ranked D2 Capital Management in the top 25 of Certified Financial Planners in Jacksonville.  The Firm is also a member of the Financial Planning Association of Northeast Florida.

D2 Capital Management is a Member of the Southside Businessmen's Club and the Beaches Business Association