“Four-Month Liquid CD”
There is, of course, the obvious question about the circumstances under which an investor might withdraw his money early from this CD without paying a penalty and therefore in what way the CD might be in any way more liquid than any other CD. Let’s put this aside.
In light of current economic performance and forecasts, the image of a liquid CD is just a little unsettling. I have a few investments like that myself. No matter how I try to hold on to them, the money just seems to run through my fingers. I didn’t spend it, but every week, there’s a bit less in the reservoir. If all my investments were liquid, the money would soon run out altogether. I’m not sure I want a liquid CD too.
Give me a good solid investment any day.
So what is a ‘solid’ investment these days? signed, U know who
Good question. Maybe we just have to settle for something that won’t evaporate entirely. Something that we can hold onto and that can grow if we do hold onto it long enough.