CD investment in Feb'05

Federal reserve is supposed to increase overnight interest rate
more in coming months. So, it's not the right time to invest in
long term CDs and block your money.

Invest in 3-months or 6-months CD and reinvest after that
with better interest rate.

For knowing best rates you may visit http://www.bankrate.com
but usually the following two banks have the best rates for that
time-scale:

http://www.indymac.com (2.65% APR for 3 months and 3.10% for 6 months)
or
http://www.imperialcapitalbank.com (3.06% APR for 6 months)