4 ms·
Wow, that got a lot of downvotes. Yes, 0.10% is dramatically lower than 20% or whatever. That's my point. And yes, FDIC insurance is a thing. That's also my p
by vba616 4y ago
Wow, that got a lot of downvotes.
Yes, 0.10% is dramatically lower than 20% or whatever. That's my point.
And yes, FDIC insurance is a thing. That's also my point.
And yes, younger people almost certainly haven't ever owned a CD themselves, but that wasn't my (somewhat rhetorical) question.
- imustbeevil 4y agoI think you may have gotten lost in your communications. You responded that you were surprised that something high risk / high reward was compared to a junk bond, and then compared it to a CD. It's obviously more like a junk bond than a CD, for exactly the two reasons you now mention.