The nation’s first Little Caesars Pizza is in Garden City and since you got your driver’s license you have been working delivering the goods to your fellow citizens. Although you leave part of your money for spending cash, you have started to amass a tidy sum of cash in your secret savings place. Hiding money around your house may prove to be a bad idea, especially if your house is robbed or someone donates the sport jacket, where you have been stashing cash, to charity. Instead putting your money into safe investment opportunities like high rate CDs will protect both the principal and guarantee a rate of return.
In the summer of 2009, there was story about how a woman stored nearly $1 million of cash in her mattress and her daughter bought her a new one and the cash filled sleeper was tossed. The family is still going through local garbage dumps in hopes of retrieving the money. Why risk having that happen to your Little Caesars Pizza earnings, when it is never to early to take advantage of high investment rates and diversifying your portfolio?
