Net Worth calc -any good???

One good reason for not deleting accounts is precisely so you can do comparisons with historical data.

You can tailor any report to include your choice of accounts, including closed accounts.

You can tailor any report to exclude all, or selected, "transfers".

You can Save a report you have tailored and run it again at the click of a mouse button.

I do the same thing, and ran into the same problem. I just remove the old accounts from the navigation ie. "Hide in Navigation". The accounts are still there, but they don't show up on the home page. They end up being displayed in "Other Accounts". I also went to each one, and deactivated online access.

I guess with CD rates so low, it will not be much problem for a while.

BTW: One alternative is to open a brokerage account at a bank like Wells Fargo, and let them buy your CDs for you. You won't always get the best rate, but they can find good rates, and spread your money around at various banks to insure that you are covered by FDIC insurance.

Thanks for your post. The 'average' investor only average 7% per year. It has also been said that 80+% of funds and investors have done far worse.

My 'worst' CD currently has a yield of 5.3% and my best is 5.75% and are multi year to bridge the current falling yields. Stocks, futures and options - been there - done that. It was damn hard work and hi risk. Why do this for a possible 1-2 % per year.

snipped-for-privacy@nosam.org wrote in news: snipped-for-privacy@4ax.com:

Because if inflation is 2%, CDs are 5% and the stock market is 8%, your real rate of return on stocks is twice that of CDs.

My stock investments are at about 15% for the year, even after the downturn. That includes the 1% that I pay someone to manage them for me. I sold some losers in December, and reduced my taxable income for the year.

As my financial adviser says, "It isn't how much you make that counts. It is how much you get to keep." The ones that I didn't sell are still unrealized capital gains. They are not taxed until I sell, and then only at a lower rate.

The 5.3% yield that the CD pays is taxed at the full rate, and it is taxed as you are earning it. That could reduce it to 3.9% or less. Inflation is running about 3% (or more), so your CD's are barely keeping up. I keep some CD's as a safety net, but the stocks are where I make money.

I just renewed a 5 month liquid CD, and got 4.75%, but the rates have dropped to 3.75% as of Monday.