Id invest it in apple stock, its going to da moon!

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J.C.O'Connell
hifis...@gate.net
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-----Original Message-----
From: PDML [mailto:pdml-boun...@pdml.net] On Behalf Of John Francis
Sent: Saturday, October 13, 2012 3:30 PM
To: Pentax-Discuss Mail List
Subject: Re: Why won't the internet just answer the stupid, question?

On Sat, Oct 13, 2012 at 01:55:09PM -0400, John Mullan wrote:
> With todays interest rates it is probably LESS than a penny, unless
> you have some ridiculously large amount of money in the CD.
> 
> jm

It depends on your definition of "a ridiculously large amount of money".

If one day's interest is going to get you less than a penny, then over
the whole (six month) term of the CD you're going to gain less than $2.
That's pretty close to the typical minimum investment of $500 at 0.75%.

Personally I wouldn't bother with the paperwork for only a $2 return.




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