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Whats Better For Me To Do


sisco2121 Rep Points: 35
Posted on March 25, 2009 at 8:28 pm
well i'm think of investing some money in a money CD or an IRA, but the thing is that i dont know what would be better one to use my money on.  so in your opinion what do you think would be the better choose when it comes to investing money in right now?  is it some thing that i should waite to see if the ecconomy gets better or just do it while i have the money to put in there?  well thanks for your reply and have a good day or night.

sisco100 Rep Points: 150
Posted on March 25, 2009 at 10:13 pm
i think that you can go either way with it.  personally i think that you should get both if you can, that would be your smarter move.  its hard to say whats better because they both are good and you make money off them both.  its just a matter of opinion and what your contract is going to be.  i know that when it comes to those things they require you to have it in for a year or more so it depends on what you plan to do with the money after its time runs up.  for me i have both and i just let them roll over every year.

phifer Rep Points: 75
Posted on March 29, 2009 at 2:45 pm
its really up to you.  its one of those things that you cant go wrong eathier way that you go.  personally i would do an IRA so that when i retire i have some thing to fall back on.  the money cd is a good one too, but most of the time the interest on its is lower then what would be on the IRA. so you might want to look at the interest rate.