So, to be clear, I just deposited $5,000 into an account that in 2 years will yield me a meager $54 at maturity? Or will I get my $5,000 PLUS $5,054 dollars back, for a total of $10,054?
I have heard that investing in a CD over two years is a wise investment. However, for just $54, that doesn't seem worth while. Was I perhaps misinformed?
Good thing I payed for premium service because I am just chalked full of questions tonight! lol.
I have another $5,000 I would like to invest and see at least a 100% profit margin over two years. What basket would you suggest I drop those eggs in to to make that a realistic goal?