"CDs which should never be purchased"
I disagree. It depends upon one's circumstances. Even with inflation, we have all the money we will ever need provided we just don't lose it. So, a few years ago when CD rates were much higher, I laddered out CD's for several years for 15-20% of my total portfolio just to have some money I didn't have to think about or worry about. The yields I booked were pretty much in line with A-AAA bonds, so why not?
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I thought it would take longer to get this old.
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