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I noticed Ally offers a CD with a 1 time no penalty withdrawal. Is this a good place to save money when the use of this money will be a large purchase (ex: house) within 6 months to 3 years? Or is there another better way?
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As long as the rate is competitive, I think that is just fine.Steve
* Despite the high cost of living, it remains very popular.
* Why should I pay for my daughter's education when she already knows everything?
* There are no shortcuts to anywhere worth going. -
For savings you'll need in less than 2 years, a money market/online savings account will probably give you a better rate. At 3 years, a CD makes sense.
penfed.org generally has the best CD rates these days.seek knowledge, not answers
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