As I said above, it depends on what the money is for. You can probably get a slightly higher return with a CD but putting the money in a CD also means you can't easily access it until the CD matures. If this is money you might need to draw on from time to time, then a CD wouldn't work. If, however, you won't need this money for a set period of time, like 6 months or 1 year, then a CD would work.
What is the money for? And when do you anticipate needing it?
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Steve
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going.
* The world is a book and those who don't travel read only one page.
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