RC-Monster Forums - View Single Post - anybody do the whole stock market thing here?

George16 · 01.06.2010, 03:22 AM

I used to do some stock market trading but had since slowed down. I'm more into short-term CD's now. Since you plan to take it out in 5-6 months, I suggest opening up a 26 week CD account so you can withdraw it after 6 months. The return is not as generous compared to stock but CD's are less risky. You can also contact your bank and setup a ladder account which works this way:

http://www.consumerismcommentary.com...sit-cd-ladder/

The info in the link is what I used a few years ago when I set up my ladder certificates.

Hope this helps.

	(#8)
George16 Supermaxx Offline Posts: 2,031 Join Date: Oct 2007 Location: Earth	01.06.2010, 03:22 AM I used to do some stock market trading but had since slowed down. I'm more into short-term CD's now. Since you plan to take it out in 5-6 months, I suggest opening up a 26 week CD account so you can withdraw it after 6 months. The return is not as generous compared to stock but CD's are less risky. You can also contact your bank and setup a ladder account which works this way: http://www.consumerismcommentary.com...sit-cd-ladder/ The info in the link is what I used a few years ago when I set up my ladder certificates. Hope this helps. Castle Neu 1520 on 6S LiPo Powered Gmaxx (Nitro Killer) Predator with OS .21TM Supermaxx with Mach .26 Revo with OS .18TZ Kyosho ST-RR Conversion Ofna CR with Tekin ESC/Motor (2)