Certificate of Deposit

Archive for July, 2008

Question: what are some good financial planning choice?

I need to know what are some good advise on the following
-mutual funds -CD(Certificate Of Deposit)
-Money Market -Bank & terms short & long
-saving bonds
-Emergency checking w/interest Bank & terms
-municipal bonds
-corporate bonds
-emergency passbook savings bank & terms

Answer: In all seriousness…None of the above.
You’ll never make more than 2 or 3% and when inflation comes back with a vengeance next year you’ll be losing money.
Invest in gold and silver now. GLD, SLV, and GDX

Federal Deposit Insurance Corporation

Question: Purchasing A Certificate Of Deposit?

How can I purchase one at a bank?

Answer: Shop around first.. go to several banks and ask them what their terms are on their CD’s.

When you find what you are looking for then bring the money, your I.D. and open a Certificate Of Deposit with that bank.

The People’s Court- “Not Honoring a Gift Certificate”