I’ve started a bi-weekly column on thestreet.com entitled ‘How to Play $1,000.’
The first article deals with certificates of deposit or CD’s:

“With all the eye-rolling over how there’s no point in putting money in a short-term savings vehicle — with the Fed slashing interest rates and all — I wonder how my 12-month “Orange” CD from INGdirect.com ING is earning an impressive 4.7%.
Granted, I opened the account back in January, when rates were a tad higher. But what if I were to open a new CD at ING now?”

You can read on and learn about where to snag the best rates here.