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Investing/Strategies / Bonds & Fixed Income Investments
|Subject: Re: CD question||Date: 9/13/2007 4:45 PM|
|Author: Hubris||Number: 21626 of 35510|
Basically if the CD is FDIC insured, you don't need to worry.
I think the ratings may come into play for people who are contempolating going over the FDIC limit to get a good rate. Or maybe it just gives bankrate.com something to do instead of twiddling thumbs.
Heh. Yeah, it's a little disconcerting to think about opening a CD with "First Transylvanian Bank of Omaha" or "First Generic Internet Bank". Was half expecting the the responses to start with "hey, dumb***"
Thanks for the replies!
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