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Interest Rates up/down in six months?

Posted on 7/24/08 at 8:23 am
Posted by CoolRunnings
Baton Rouge
Member since Jul 2008
18 posts
Posted on 7/24/08 at 8:23 am
I am wondering whether or not to put my money in a 6 month or 1 year CD. I'm not sure if interest rates are still going to decline over the next six months. If so, I would put the money in a 1 year. Any opinions?
Posted by Doc Fenton
New York, NY
Member since Feb 2007
52698 posts
Posted on 7/24/08 at 8:28 am to
Survey says ... UP
Posted by bovine1
Walnut Ridge,AR via Tallulah,LA
Member since Dec 2004
1353 posts
Posted on 7/24/08 at 9:09 am to
I'm shorting bonds so my vote is up.
Posted by LSURussian
Member since Feb 2005
133528 posts
Posted on 7/24/08 at 9:13 am to
Six months = +.25%

One year = +.75%
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