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Subject:  Re: Poll: Your parents...Foolish or not? Date:  8/29/2003  10:40 AM
Author:  DrZenRoot Number:  594 of 5245

are MMA's and CD's automatically not a Foolish way to save? I know that both of my sets of grandparents saved money in CD's and were able to have enough for retirement and pay for much of their nursing homes

My parents bought hundreds of thousands of dollars in long term CDs when the rated were 9-10%. As the market has been down, they haven't second guessed their investment at all.

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