In recent years we’ve witnessed strong interest from investors in brokered CDs. After raising the Federal Reserve Funds Rate to over 5% the US central bank now looks poised to begin a cutting cycle that has implications for brokered CD rates – both now and in the months to come. Content...
You can buy long-term certificates of deposit via the bond desks ofVanguardandFidelity. These “brokered CDs” offer FDIC insurance, but they don’t come with predictable early withdrawal penalties. You might find something that pays more than your other brokerage cash and Treasury options. Right...
In the case of certificates of deposit (CDs), including the brokered CDs that Fidelity offers, the presence of the FDIC insurance guarantee protects investors from the credit risk of the issuer providing their total investment in that issuer remains under $250,000, per holder, per account type...
Learn More about Self-Directed Investing fees and commissionsONLINE TRADESCALL-IN TRADES U.S. TREASURY BILLS, NOTES AND BONDSSecondary trades only$0.00$0.00 SECONDARY MARKETSFootnote7Opens overlayCorporate bonds, municipal bonds, government agency bonds, brokered CDS$10.00/ Trade+$1.00/ Bond Over10 ...
Call-in trades of corporate bonds, municipal bonds, government agency bonds, and brokered CDs purchased on the secondary market require a fee of $30 per trade + $1 per bond over 10 bonds ($270 maximum). There is no fee premium for call-in trades of U.S. Treasury bills, notes, and ...
It looks like Wells Fargo has a self-directed investment option, and you can ACAT transfer over any ETFs (and possibly mutual funds) from another brokerage, and that would work toward the $250,000 qualifier. You can also buy U.S. Treasuries, brokered CDs, or other safe mutual ...