I opted for the 1-month CD because I don't want to be in the position where I want to cash a 2-year CD in early only to find there is no market.
It makes sense that a major bank's CD with a longer duration would be more liquid. I just want a written guarantee from T-D Atrade that I'm going to be able to cash out at will. I have a feeling they will not give it to me, though........lol.
I have seen lots of $1 stocks with strong earnings and solid balance sheets triple, quadruple and more, but I have yet to see one go below zero.