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lovemy2boys
LIF Adult
Member since 10/07 3915 total posts
Name:
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who has $$ saved in a CD?`
If so, how long of a term did you choose? TIA~~~!
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Posted 1/10/08 8:18 PM  |
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Keeks
LIF Infant
Member since 7/06 143 total posts
Name:
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Re: who has $$ saved in a CD?`
We currently have two...one four month and one seven month.
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| Posted 1/10/08 8:29 PM |
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Jax430
Hi!
Member since 5/05 18919 total posts
Name:
Jackie
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Re: who has $$ saved in a CD?`
I've had a few CDs over the year. I choose my term based on the interest rate and when I feel that I will need access to the money. Also, if interest rates are currently low (which they are), I will put it in for a shorter term so that when it matures, I can renew it for a higher rate/different term.
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| Posted 1/10/08 8:33 PM |
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drewsgirl
My loves
Member since 5/05 3221 total posts
Name:
Amanda
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Re: who has $$ saved in a CD?`
i have one for dd - i think we did a 9 mth one back in august..i figure once it is up we will see where the interest rates are and invest it there.
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| Posted 1/10/08 8:41 PM |
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Goobster
:)
Member since 5/07 27557 total posts
Name:
:)
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Re: who has $$ saved in a CD?`
We have varying cds, all different terms and amts.
To chose how long depends on your total amt and what you leave yourself with in case of emergencies. Only you can figure that out.
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| Posted 1/10/08 8:54 PM |
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lovemy2boys
LIF Adult
Member since 10/07 3915 total posts
Name:
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Re: who has $$ saved in a CD?`
Thanks! I'm thinking of doing a 3 month w/ country wide since the rate is pretty high. of course they are not doing well right now, but it is FDIC insured. If I don't do that one, I'll do the wamu 6 month
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| Posted 1/10/08 8:55 PM |
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boosh1002
We like hanging together!
Member since 5/05 5475 total posts
Name:
Mommy to twins
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Re: who has $$ saved in a CD?`
We've had one for over 1 year, we've been doing the one that gives us the most interest.
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| Posted 1/10/08 9:04 PM |
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Shorty
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Member since 5/05 30390 total posts
Name:
really
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Re: who has $$ saved in a CD?`
Posted by Jax430
I've had a few CDs over the year. I choose my term based on the interest rate and when I feel that I will need access to the money. Also, if interest rates are currently low (which they are), I will put it in for a shorter term so that when it matures, I can renew it for a higher rate/different term.
same
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| Posted 1/10/08 9:09 PM |
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