Don't you just want to slap ppl. that make asinine statements like that. One of the problems with our country, lack of personal responsibility.
Do they give a decent exchange rate when switching currencies? For example, I just got back from Europe and Amex uses the spot rate on $1 mil US I believe.
I agree with alot of what you say, but you can't believe inflation is only 3% can you? I believe with gas and healthcare it's more like 9-10%. That said I have alot tied up in CD's and Emmigrant Direct.
I can't say for sure that they do use spot price ... but that is what I would think ... but yes they give a very decent exchange rate ...
Cd or not cd, theres something to be said for maintaining wealth with no risk to it. How else to do it without risking loss?