YAFT (Financial) Certificates of Deposit....

[Train]

Since they are fixed rates, should I keep it at say 1 or 2 years, betting that the rates will go up? (Since I will likely just roll them over into another CD once they mature) Or should I go 5 year and lock in the higher percentage?

Looking at ING Direct's current CD rates:
1 Year: 3.80%
2 Year: 4.00%
3 Year: 4.05%
4 Year: 4.10%
5 Year: 4.15%

FYI: Both ING's Savings account and Paypal's money market are currently at 3.00%

 

[acemcmac]

mutual fund. I can't think of a single good reason to be investing in CD's with the prime so low. With inflation picking up, I'd consider them a fool's investment...