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Old 07-04-2008, 09:15 PM  
slapass
Too lazy to set a custom title
 
Join Date: Nov 2002
Location: Earth
Posts: 14,622
Do what's called a ladder. buy 1,2,3,4 and 5 year cd's in equal amounts then roll over the latest into a 5 year. Soon you will be getting 5 year rates on the whole thing but won't have the liquidity issue.
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