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  1. #1
    Feels so good BadBlueBird*'s Avatar
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    Jul 2005
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    2005 Corvette 2005 GTO

    Talk to me about CDs and their rates

    Ive been real lucky since Ive graduated and found a job right away making good money. Now that my car is paid off() Ive been able to save up money at a nice rate.

    I thought about throwing it all in savings but here lately a couple of co-workers have turned me onto CDs. Ive been researching alittle about them but would like some first hand stories/experience.

    Looking at throwing 10-15k in, from what Ive seen 4% for a 3/6 moonth is good right?

    Anyone have money in CDs? Please share some tips!

    TIA

  2. #2
    KWK N NUF TheKitchenSink's Avatar
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    2001 Trans Am WS6

    I have 6k in a CD for 6 months, just make sure its not money your going to need within that time, keep some just incase you need it or they will charge you a penalty to take it out early. Its got a better rate then my savings account so I figure if I dont need it, why not?

  3. #3
    Feels so good BadBlueBird*'s Avatar
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    Quote Originally Posted by TheKitchenSink View Post
    I have 6k in a CD for 6 months, just make sure its not money your going to need within that time, keep some just incase you need it or they will charge you a penalty to take it out early. Its got a better rate then my savings account so I figure if I dont need it, why not?

    thats my thinking, I'll be keeping a couple grand out. What rate do you have?

  4. #4
    Grand Imperial Wizard Sarge's Avatar
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    Retired Outlaw Sum Bitch


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