A certificate of deposit, or CD, is provided by a bank or credit union and is known as a time deposit, meaning once you invest money it has to stay there for a predetermined length of time to build … [Read more...]
Waiting for Higher CD Rates? Alternative Investments for Your Money
July 10, 2013 By
These days, with CD rates so low, you may be hard-pressed to find an investor who is buying certificates of deposit specifically for their yield. Though the end of such dismally low rates may be near, … [Read more...]
Factors to Consider When Choosing Where to Invest
July 1, 2013 By
Certificates of deposit (or CDs) are basically loans that you are making to the bank. At the end of the term (the maturity date) the bank will pay you back the loan plus whatever interest has … [Read more...]
Deciding Between Short-Term and Long-Term CDs
June 11, 2013 By
A certificate of deposit (CD) is a type of investment where you put money into an account, it accumulates interest, and at the end of the term you cash out your funds. If you decide that a CD seems … [Read more...]
CD Laddering or Flexible CDs – Which is More Beneficial?
June 7, 2013 By
For a long time certificates of Deposits (CDs) were seen as a valuable investment strategy. Then initial rates plummeted and investors become wary of them. But times are changing for the CD as bank … [Read more...]
A Warning About the Disadvantages of Liquid CDs
June 2, 2013 By
Despite how great liquid certificates of deposit may seem, they will not be to the advantage of every investor. Their biggest benefit is the fact that they offer early withdrawals without penalties, … [Read more...]