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    Community: Investing Wiki

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    selling CD profit: Original post by Craig Woodman of Demand Media A certificate of deposit is a commitment to leave a specific amount of funds on deposit for a specific amount of time. In exchange for that commitment, the bank pays you a higher interest rate on the deposit. A CD may be used as an investment vehicle in an IRA account. If you withdraw a CD held in an IRA account early, you may face penalties from the…

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