GoFuckYourself.com - Adult Webmaster Forum - View Single Post - gfy banking/financial experts in here pls

kane · 12-01-2008, 03:51 AM

CDs, Bonds and T-bills often have guaranteed rates. For example you can go buy a 12 month CD at a bank that gets around 3-4% return. So you will get 3-4% on your money, but you have to keep it in that CD for those 12 months. You will be safe unless the bank suddenly goes out of business and even then CD's are FDIC insured so as long as you weren't over the max deposit amount for that bank you will be okay.

12-01-2008, 03:51 AM
kane Too lazy to set a custom title Join Date: Aug 2001 Location: portland, OR Posts: 20,684	CDs, Bonds and T-bills often have guaranteed rates. For example you can go buy a 12 month CD at a bank that gets around 3-4% return. So you will get 3-4% on your money, but you have to keep it in that CD for those 12 months. You will be safe unless the bank suddenly goes out of business and even then CD's are FDIC insured so as long as you weren't over the max deposit amount for that bank you will be okay.