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re: are cd's a good idea?
Posted on 8/23/16 at 1:36 am to Twenty 49
Posted on 8/23/16 at 1:36 am to Twenty 49
I recently purchased a cd, that's guaranteed a 1-3% return, but is also tied to the stock market where I can net however the market plays out uncapped. I do have my money tied up for 6yrs, and minimum investment is $10k. But my principal as well as my interest base is guaranteed.
1
Posted on 8/23/16 at 10:55 am to TJG210
quote:
that's guaranteed a 1-3% return,
go buy a fairly safe monthly dividend payer. put stops on it. waaaay higher returns and not some risky volatile stock either. good dividend history as well. Not a huge price fluctuation. BUt if you put alot in you will get a lot in return but it isn't a buy and hold and forget about stock either. you will need to monitor it and set stops just in case.
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