5.5% from country wide bank out of a 6 month CD....
it's interesting that they would adverstise for it on CNBC, as most watchers think there is a 25% chance they become illiquid.(hmmm is that a good way to put it?)
Thursday, November 29, 2007
cash is King
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2 comments:
If its a FDIC insured CD, then it wont matter if they go belly up!
Yes, you're correct. Honestly I'm not a big Bond/CD guy.. and barely understand what a coupon is, and apparently there is some kind of inflation adjustment on some treasuries/bonds, that I don't yet understand.
I probably should do some research.
Thank you, for visiting Barry.
I'm honored, that you're visiting the rambling rantings of my mind/ AKA my blog.
I've intended to congratulate you on your bottom call, that I flipped you some crap about. Hopefully, you realize how well intentioned I am.
And thank you, as always for your blog.
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