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Certificate of deposit?

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I am looking to invest between 1,000 and 2,000 dollars from my inheritance money that I received from my grandma. I am looking at the interest rates and I found that one bank if offering 4.00%. Is it true I could lose money on a CD? (I do not plan on taking my money out for the 12 months it will be in there for)

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  1. mutual fund is best available option


  2. You cannot lose money on a CD.  Make sure the institution is insured by the FDIC......
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