A CD is A Much Better Alternative
By: Maxx Bradley
Persuasive Definition
A CD is an interest tool. Much like a Savings Count or a Money Market, except better! The deposits in CD's have to be held for a certain length of time, which can range from 7 days to 8 years.
Persuasive Accessibility
CD's are much Less Liquid than Checking, Savings and Money Market accounts. If the funds are withdrawn before the end of the designated time period, the owner of the CD will be charged a large penalty fee.
Persuasive Features
Don't you want to make sure that your sweet and loving children have a safe place to put their money. Their deposits could range from $100 to $250,000. If you leave the funds in their for a designated time period. A person would not want to exceed $250,000 because the funds would no longer be insured.
These Three K-State Coaches All Use a CD Over Other Alternatives
Frank Martin
Former K-State Basketball Coach Frank Martin has about 10.8 Million Dollars from coaching at K-State and South Carolina. Wow! That needs to be stored in a safe place.
Bill Snyder
Bill Snyder is the K-State football coach. He has made Close to 30 million Dollars Coaching NCAA Football for 22 Seasons. With that much, he should put it somewhere safe.
Brad Hill
Brad Hill took the Kansas State Wildcats to the College World Series. That gets him around 5 Million Dollars Total out of multiple seasons. That can get you about... alot!