Other posts tagged: CD's wayne

What is a Certificate of Deposit (CD)?

Sold by banks, certificates of deposit (better known as CDs) are low-risk –- and relatively low-return — investments suitable for cash you don’t need for months or years. If you leave the money alone during the investment period (known as the “term” or “duration”), the bank will pay you an interest rate slightly higher than

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Certificate of Deposit – The Financial Safe Haven

A certificate of deposit is an extremely safe financial instrument designed to provide a higher yield than traditional savings accounts. CD’s can be an attractive savings alternative if the account holder does not need immediate access to the funds. Understanding CD’s Unlike stocks, bonds, and mutual funds, CD’s are not subject to daily market fluctuations. 

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