9 ms·
Just a quick search shows me 2.39% for 100k in a 5 year cd. (I can think of any number of reasons you might not want to do this.) I'm guessing for a million yo
by jeremymims 16y ago
Just a quick search shows me 2.39% for 100k in a 5 year cd. (I can think of any number of reasons you might not want to do this.)
I'm guessing for a million you could do better.
Perhaps you'd only be at the lower bound of the numbers I gave but the point still stands that compound interest is what is making the rich richer.