Re: OT: DOES ANY ONE KNOW ANYTHING ABOUT INVESTING

Posted by Dave from MN on August 25, 2006 at 18:46:31 from (64.13.56.17):

In Reply to: OT: DOES ANY ONE KNOW ANYTHING ABOUT INVESTING? posted by forklift on August 25, 2006 at 17:53:11:

If ya dont want to gamble with stocks, and may want to use the money in a year or more invest in Certificate of deposits. CD's. Dont throw it all in one. Try to invest them so that you have one coming mature every 6 months or less. As long as interest rates are clinbing dont get one for more than 15 months. If rates start falling grab some for 2-4 years, but not all still have the short term ones also. Always ask about Actual APY rather than APR, and have the interst earned rolled into the CD. Also I would barter with your banks and others, you can ussually get a match for a competitor bank's specials, the'll always say they cant match,... until you fill out the withdrawel slip and ask for a cashiers check.

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