Everbank is offering S&P 500 MarketSafe CD again!

This is great news. Everbank is offering the S&P 500 MarketSafe CD again with a 3.5 year term. With this CD, you are guaranteed to not lose money and it is FDIC insured. So if you think the stock market has a chance to do decent or great, but don't want to bet on it, this is the perfect solution! Hard to beat 100% principal protection (except it had 105% protection before).

They still have their Gold Bullion MarketSafe CD with 5 yr term available too.