New: today I got the confirmation from MetLife: APY = 4.95%, automatically increased from 4.80% when I called them !

A kind reminder to all mm on this board, esp. (1) your money is not big (<10k); (2) a novice to investing.

If you invest in Mutual Fund, think about the fee very carefully.

I read the replies to my original post, sorry to say some of them do not get what I mean:

for short term, small money investment

(1) IRA CD is really good choice;

(2) MF fees can easily eat up all your gain.

Of course, I will play a different strategy of investment for 100k with 5yr+ horizon.

orignal post:

在恶毒的攻击了山姆大叔的税收制度后，还是买了点 traditional IRA

向各位不想冒险的同志推荐一个：MetLife Bank. IRA CD 1yr: minimum=$1000, rate=4.80%因为只想投一点钱， 所以1）更好的 CD rate 拿不到。 如果存一万，可以到 5.00%

2）如果投 mutual fund， 几千文钱的回报还不够交 fee。

[此贴子已经被作者于2006-3-31 14:57:19编辑过]