Saturday, May 21, 2011

Personal Finance & Money Management : About Certificate of Deposit ...

CDs aren?t investments, by? definition. The return on ?investment? on them is far too little to compete with the value of the dollar decrease. In other words when you actually get your money at maturity, the interest own on it has barely (if ever) beaten the decrease of the dollar.

Source: http://www.bankratessavings.net/2011/05/21/personal-finance-money-management-about-certificate-of-deposit-rates/

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