No. of Recommendations: 1
I would leave the money in a savings account until you read up and form some opinions. Then I would think about what my investment objectives were, and start rooting around for investment instruments that best match those objectives. If you still find that CDs are the thing you want, I find that there are plenty of financial institutions offering CDs that pay far more than treasuries or investment grade corporates, while still being FDIC insured.
Print the post  


When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.