22d • General discussion
Asset purchase
Today, my business, Kate’s Connections LLC, purchased its first asset, a 4 month CD at a 3.75% interest rate at the bank where my business savings account is. Instead of keeping money in that savings account which has a .75% interest rate my plan is to keep buying $500 CDs at whatever promotional CD they have. I was very proud of myself when I opened my business savings account for the first time last year and now I am moving onto the next level!
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Asset purchase
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