Guys, there are fews ways to win these days. I mean this in all honesty. Do NOT tie up your money in some 2% shithole. Not a CD. Why? Because you are LOSING money to inflation tax. Inflation tax is hitting at a MINIMUM 4% per year and upwards to 9% per year. Meaning, if you invest in a 2% paying CD or whatever, your money is worth less coming out than when it went in.
For this reason alone, I've cashed all my savings bonds (I get taxed on the interest, anyway) and am investing in stronger items like gold (which doesn't inflate.)
Blonde, your $500 is worth far more now than it will be in two years. Spend it. You'll get it back quite quickly (like... one week of work...)
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