FYI: The offer is amazing, but there it is. Plain as day, a newspaper advertisement offers an FDIC insured certificate of deposit. It’s a big, bottom-corner ad with “5.5%” in huge bold type. The ad also contains a reassuring Better Business Bureau logo, two phone numbers and some fine print.
Is this a great country or what? Millions of people are watching their retirement income dwindle and disappear. Yields on safe savings have gone from puny to pathetic. Then a courageous businessperson finds the Lost-Mine-of-Good-CD-Yields and shares it with the long-suffering public
Regards,
Ted
http://assetbuilder.com/scott_burns/the_real_story_behind_high_yield_cds
