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03-08-2009, 12:06 PM #1
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
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03-08-2009, 12:14 PM #2
- Join Date
- Mar 2006
- Location
- Arlington Heights, Illinois
- Age
- 38
- Posts
- 574
NBM- 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?
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03-08-2009, 12:19 PM #3
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03-08-2009, 03:07 PM #4
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