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Old 08-10-2005, 02:27 PM
Sniper Sniper is offline
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Join Date: Jun 2005
Posts: 704
Default Re: Some confusion about bonds / CD\'s

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Also as an aside...how can ING bank always offer the best CD rates? Is it simply their size and low overhead or is there something somewhat tricky that I do not understand.

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They borrow money from you at 3-4%, and loan it out to others at 6-7%... pretty simple formula [img]/images/graemlins/wink.gif[/img]
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