If you are looking for a safe short-term investment, you should consider to purchase a certificate of deposit. The attraction is that you get a higher rate of return on a CD than on a bank savings. Interest rates are dependent on the maturity of the CD, and CD interest rate also vary from bank to bank. CD rates are easily accessible on numerous websites. You can go to monitorbankrates.com to get the latest CD interest rate.
September 29, 2009
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