Jumbo CD is a good way of investing large sums of money. CD is actually a certificate of deposit with a minimum denomination of around $100,000.  Jumbo CDs are considered to be low risk CDs and stable investment option for large depositors. Features of Jumbo CD  These CDs have features like all other general certificate of deposits except that huge amount of investment and transactions are carried out in this case. …

Customer behaviour to a large extent depends upon the market moves. In case the interest rates are low then customers tend to spend their money, whereas when the rates are high, customers try to save money in all possible ways. CDs are one such way in which customers get the chance to invest as well as earn higher yields in return. Certificate of deposit or CDs are investments that are time locked …

CD ladder consists of a series of certificate of deposits with different maturity dates.  When making a CD ladder, the total money that is to be invested is distributed in equal amounts to certificates of deposits. CD ladders, if created properly can yield high income at the end of the maturity date. Benefits of CD ladder  When an amount is invested for a longer period of time, the investor might loose …

As the name suggests, brokered CDs are all those CDs that are brokered. In such cases the financial advisor of the investor searches and studies the economy before offering CD rates that would yield higher interest returns. These are offered by financial intermediary and can also be bought from brokerage firms. Difference between brokered CDs and bank CDs  Brokered CD has the money deposited for a particular tenure and the investor earns …

A step – up CD is also referred as a bump – up CD, which is a common type of certificate of deposit, issued with a fixed rate of interest and the issuing authorities offer the customers additional options for increasing the rate during the deposit term. The issuing authorities allow the rate of CD to bump –up or increase the rate to the current prevailing higher market rate while maintain the …

Several products are offered by banks and other financial institutions for investing or depositing the money. One among those products include certificate of deposits shortly referred as CDs. Certificate of deposits are available in different types and with different features. Common certificate of deposits can be classified based on fixed rate of interests and variable rates of interests. Generally certificate of deposits are invested at a standard or fixed rate of interest …

Certificates of deposits are the most common investment option available these days, which are comparatively low in risk, and yield high interest rates than any kind of savings account. There are many kinds of certificates of deposit evolved over time, to suit the needs of investors wanting risk free methods of investing in a fluctuating market. Step up CD is one such certificate of deposit that gives the advantage of changing the …

Saving to fund emergencies is a common goal for people but saving to earn is uncommon. After all, emergencies are unexpected so people would want to have extra money to pay for such occurrences. Keep in mind, however, that this isn’t the only function saving should aim for. With the unstable economy and unemployment is still at its highest level, more and more people are looking for ways to earn income. One …

Everyone needs to save. Even if you are the richest person in the world you must also be concerned with keeping some amount of money that you can spend at some time in the future. Well, if you are the richest person you should already know this. As the old saying goes, money does not grow on trees, of course, because it can only grow when invested properly. If you keep your …

The Certificate of Deposit or CD is one of the best ways for consumers to secure their savings and at the same time earn through the high interest rate offered. One feature of this deposit service however, gathered a split reaction from people. Certificate of deposit accounts typically have a lock-in period wherein depositors do not have access to their money. This means that they cannot withdraw their money before a specific …