The CD Conundrum
I got a great call last night from an 80-year-old woman whose situation pretty much crystalizes what's going on right now in this market. She has CDs rolling over now that pay 5%. She knows that the current CDs won't give her more than 1% at best.
So, she wanted my blessing to buy Johnson & Johnson (JNJ) and I said yes, because I liked the yield, the balance sheet, the new management and the breakup value....348 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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