What to do with my money??? - Page 3 - Mercedes-Benz Forum

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post #21 of 26 (permalink) Old 02-28-2007, 08:59 PM
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Cyberdrakon- thanks for explaining, some people don't understand I guess.
In my first CD I put $3,600 in and I just opened another and put $2,200 in. It may not be *enough* for some people, but its a comfortable payment on the cards each month. It may not be much money to some, but I am doing what I can with the investment.
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post #22 of 26 (permalink) Old 02-28-2007, 09:27 PM
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post #23 of 26 (permalink) Old 03-01-2007, 12:01 AM
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Originally Posted by n1philli
Cyberdrakon- thanks for explaining, some people don't understand I guess.
In my first CD I put $3,600 in and I just opened another and put $2,200 in. It may not be *enough* for some people, but its a comfortable payment on the cards each month. It may not be much money to some, but I am doing what I can with the investment.
please talk to a financial planner and not a banker. this is not sound investment. good luck though.



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post #24 of 26 (permalink) Old 03-01-2007, 12:43 AM
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Live and learn. I'm only 21 so I guess if it fails then I've learned something. But then again the only way it's going to fail is if I quit paying or a payment is late and the interest kicks in (7.9%). Notice I am using free money to capitalize, it may not be an outrageous amount of money, but its still free!

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post #25 of 26 (permalink) Old 03-01-2007, 01:03 AM
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I guess I shouldn't actually call it an investment, just using their money to make a little money
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post #26 of 26 (permalink) Old 03-01-2007, 11:07 AM
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at least you're trying to learn, i'll give you that.



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