[Zipporah Sandler – Ambassador]

We did something that actually backfired on us. We invested in an insurance type of product that was supposed to increase over time. We had been promised that there would be over $70,000 by the time my son went to school. Alas, it was just under $25,000 when he cashed it in, barely enough for one year. Now he is dealing with some loans that he shouldn’t have had to get if we had been smarter with that investment.

[Stacey Daprile – Ambassador]

Oh, Zipporah, that sounds like a nightmare. There are so many investment vehicles that it can get confusing. I personally stay away from annuities, though I do believe that there is a time and place for them.

[Antoinette Minor – Ambassador]

I think CD’s is an awesome idea and strategy to save for the immediate future. It also keeps you from touching the funds too soon with the early withdrawal penalties. Wins all the way around.