Requiem for Reality

If it wasn't for the fact that I just purchased a new vehicle I would be on this investment like stink on poo. I mean right now the market does look sad, but lets just look at the closing yesterday of the Dow. This spells good news for the investors though. I mean it does kind of sound like it's possible that there may have just been a rally because of the new year and the desire to bring up the markets, and that on Monday we'll see a spike, but then a decline again. It's possible.

But for investors in savings, especially CD's things are looking good. Banks want your money. I'm no expert, but I'm using common sense here. Banks want people to believe in them and invest and them. So expect to see interest rates on CD's rising across the nation. Citizens bank is offering 4.5% APY for a 5 year CD with a minimum investment of $1000. If you ladder the investments and start with a minimum of $1000 for a 1, 2, 3, 4, 5 year CD you will make a good bit of money. The idea is that every year a CD will mature and when you reinvest you will get the best interest rates.

This is another good way to gain ground in this turbulent time. And you can know that you're money is safe and secure, growing while you wait.