I just posted a few minutes ago about my iPod, well I’ve decided to place my money in a couple of CDs…
- 6month @ 5.05%, $5,000
- 12month @ 5.15%, $5,000
The yields are not the greatest, but they’re decent. A few interesting points to consider:
- Tack on the value of the iPod and the yield is actually much higher…tax free, I believe.
- CDs via TD Ameritrade are not like CDs at a traditional bank, in that TD Ameritrade takes profit off of the yield, so in essence, the yields are not as high as they could be.
- There are no penalties for early withdrawal.
- TD Ameritrade buys CDs from traditional banks on your behalf.
- You have to call to purchase CDs from TD Ameritrade, and there are no transaction fees associated with them.
EDIT: Just a note. If you read this post about commercials I despise, in it I say, “I can honestly say I will never purchase an Apple product for life since they want to stereotype PC users so considerately.” Well, this doesn’t count because I’m not buying it. 
Besides, I’ll refer you to my about page, where you can read one of my favorite quotes by Mr. Whitman.