CD's



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Certificates of Deposit are cool, but they should only be part of your total investing scheme. They are safe, and contrary to popular belief you do not "lose" when you take your money out before the term is over. You may be penalized some month's interest, but your money is still there. I would suspect if you had to dig into your cd then it was an emergency. I think you would come out cheaper cashing a cd than taking out a loan.

I just hate the rates are so low now. I am leaning towards E series bonds.
 
I would touch those things.
Their rates fell after 9-11.
You can find a better rate with a MMA (Money Market Account).
 
Capital One Bank and ING has some good rates for CDs. 5% for 6 months to year.

CDs are cool. I like to keep my Emergency funds (3 to 6 months of expenses) in them. That way I won't be tempted to spend it.
 
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