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Banks and No Risk CD’s
March 25th, 2009 by admin
The reason you would be looking for no risk CD rates is that you want to protect your money in an investment vehicle that is guaranteed safe. With the stock market what it is and companies going bankrupt all over the place, it is hard to know what to do with your savings to keep it safe. Bank CD are guaranteed by FDIC insurance which is really the US government and that is about the safest you can get right now. If the FDIC insurance fails, that will mean the end of the US government and everything will be in total chaos.
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