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Re: Porgie Tirebiter post# 2074

Monday, 08/19/2013 4:23:09 PM

Monday, August 19, 2013 4:23:09 PM

Post# of 2557
Remember what I posted a couple of months ago, if you put money in a long term bank CD it can be cashed in early with a trivial penalty if rates rise further, Bank CDs will soon be offering rates that will again draw money from conservative investors. The ARR set will take notice. A 2-3% CD sure beats ARR this year.

Of course no one on Ihub admits to putting money in banks because its considered too wimpy.

In certain markets, bank CDs are fabulous investments. And gov't insured.

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