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 A bank CD is a very safe investment

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sangbmt



Posts : 36
Join date : 2011-01-04

PostSubject: A bank CD is a very safe investment   Thu 13 Jan 2011, 2:57 pm

A bank CD is a very safe investment. The CD is FDIC insured up to $100,000, so there truly is minimal risk. The only downside is that you cannot withdraw that money in the CD for a specific amount of time or else you'll receive a penalty. Bank CDs generally only pay up to 5% interest.

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