No. of Recommendations: 2
I assume your CDs were at rates above the currently available rates for 3 year CDs?

The CDs were at 3.5 and 3.6% with 3 years until maturity. After the offer was made, I figured that holding on to the CDs would only yield an additional 2.4% (3.6% - 1.2% premium I got for selling).

I invested the cash in Preferred stocks yielding a lot more.

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