Quote:
Originally Posted by BWillie
I'm putting 750k into a 4.35% Ally CD.
This is the part you guys tell me how stupid I am.
Seems like a good deal to me. No risk. I dont have to pay a financial advisor to potentially lose money for me and I dont have to do.....anything. Thats the best part. 33k to sit on my ass. Sold.
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A CD is probably stupid idea versus putting the max FDIC deposit in a few different money market accounts that have limited and/or time-bound penalties for withdrawals.