Completing Rung 5 of my CD Ladder Investment
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I am getting one step closer to completing my 1st short-term financial goal of creating a CD Ladder investment worth $3,000, opening up my 5th CD in November. I was able to save and/or earn from this blog in the last two months.
Here is the rundown of the completed CD investments:
Rung #1 – February and August
Rung #2 – June and December
Rung #3 – July and January
Rung #4 – September and March
Rung #5 - November and May
This now leaves me with one remaining CD to finish the setup of this ladder and completing my first short-term goal. I will have to wait until April 2009 to open this CD, by then I will definately have saved/earned the remaining $500 in my savings account. With so much time until April, I will also focus on starting on my second goal of a $5,000 investment portfolio.
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