Thread: Stacking ING Orange CD's
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Old 08-14-2005, 11:09 PM
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Default Stacking ING Orange CD's
I'm wondering if anyone is using the tactic of stacking their certificate of deposits? Meaning to open CD's in 1, 2, 3, 4 and 5 year maturity dates, then reinvesting each CD at maturity into a new 5 year CD. I've read about this tactic on financial planning sites.

I am considering this because of current ING Orange CD rates. You don't need a high balance to get started and, at this writing, ING has excellent rates.

Any thoughts would be appreciated.
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