Interesting question Dave, Me and my missus have been working diligently over the past few years to pay off all debt... nearly there. Don't mean to sound like an alarmist, but, it seems we could be on the verge of some economic challenges. Just as in the past, the ones who'll weather the storm are the ones who have prepared for it. I like your idea of cd's... although a bit less interest than some other investments, much less risk. Seems to me that the market is still a bit on the high side for my liking. If the economy does tank, many stocks will suffer. 'Sides, you can always move the money later once your cd matures.
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Today's Featured Article - Restoration Story: Fordson Major - by Anthony West. George bought his Fordson Major from a an implement sale about 18 years ago for £200.00 (UK). There is no known history regarding its origins or what service it had done, but the following work was undertaken alone to bring it up to show standard. From the engine number, it was found that this Major was produced late 1946. It was almost complete but had various parts that would definitely need replacing.
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