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DU Home » Latest Threads » Forums & Groups » Topics » Economy & Education » Personal Finance and Investing (Group) » Word to the wise: the cra... » Reply #3

Response to progree (Reply #2)

Thu Dec 2, 2021, 05:19 PM

3. Yes I purchased one at the 3.54% percent rate in June then as of Nov 1 to May31 22 it

pays 7.12%. I took the money out of my bank MM that paid next to nothing and you have to pay federal, state
and local tax on it. If you have $10000 that you can hold it is a good place to park it. Banks and MM funds haven't
paid anything for years.

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