Is there a minimum investment for Edward Jones CDs?
Edward Jones CDs have a $1,000 minimum opening deposit.
How can I invest in CDs through Edward Jones?
Investing in Edward Jones CDs requires either a bank account or brokerage account with the company. The cash in your brokerage account is held in a money market account. The company will deposit the interest your CD earns into your bank or money market market account.
What are the current CD rates at Edward Jones?
Edward Jones CDs pay up to 4.40% APY, which is significantly higher than the national average.
Recently looked into a Money Market Fund with Edward Jones.
Is this a good investment option and/or institution for 100-150k?
I am looking for low risk (almost 0)
Fairly liquid (a few days to withdraw with no penalties
Decent return. I was told by them 4.5% return after they take their fee.
Is there is better option with the above 3 criteria?
(Posting in several areas to get opinions)
EDIT: Going with Vanguards VMFXX.