Certificates of deposit or CDs are great investment vehicles for investors searching for a low risk investment, but higher rate of return than their monies sitting in a savings account. CDs are designed to be long term investments and early withdrawal can result in penalties from the issuing institution. Why is there a penalty? […]
Certificates of deposit are a long term investment for very little risk. Banks or institutions that sell certificates of deposit or CDs are using your money for a specified amount of time to make investments themselves. The interest rates for certificates of deposit are variable and determined by two different factors. Certificate of deposit rates […]
Investors seeking the best low risk, higher than normal interest rate or yield on their investments consider certificates of deposits or CDs.