Its been a while since we've mentioned or even thought about investing in CD's here at the Masters.  But Countrywide just put out a 7 Month CD at 4.1% APY, not a bad deal considering the Bear market.  Just don't put over a $100K, but Countrywide shouldn't pull a IndyMac.

We don't get any Ad revenue from Countrywide, we are just out looking for investments, so here is the link to Countrywide's site:

Words of Wisdom this week from Bankaholic.com -- CD Rates are going down.

Ben Bernanke and all the other clowns at the Federal Reserve are meeting on March 18, 2008 to cut interest rates AGAIN.

Be warned that futures traders are considering the possibility of a full 1.00% cut.

Fellow Masters, since we published this article cheering Millennium Bank, some analysis and cause for concern has come to the forefront, here's more on that subject

Warning: Millennium Bank Too Good to Be True?

This past Sunday Countrywide offered special 5 month CD's at 4.8% APY in a few lucky states, like New York.  Bankdeals.BlogSpot has a write-up about it, here it is for you CD hunting folks:

Fellow Masters, Countrywide's latest 6 month CD at 4.75% may be worth a look.  They require a $10K minimum deposit and taking that money out 6 months from today may be a great time to get back into stocks. 

Fellow CD Hunters, found a decent deal at Washington Federal that over the weekend that went from a 5 month to a 7 month CD, missed the boat but still if you're on the lookout for low risk, check it out.

CD Investing News