A CD or certificate of deposit is offered by financial institutions, banks, and credit unions as well. Although it is similar to a savings account, there are a few differences. Here, the individual would be depositing a certain sum of money for a certain period of time. This helps the depositor earn interest on that amount. These are essentially time …

CDs or callable deposits are time deposits which are financial products given by the United States banks, credit unions and thrift institutions to consumers. These accounts are similar to the savings accounts and are risk free and insured money in the banks. There is one essential difference between these CDs and savings accounts which is that they have a fixed …

Certificates of Deposits or CD’s are a very popular mode of investment with most investors. These are similar to bonds in many ways and have a few distinct advantages over the rest of the fixed income instruments. There is only one structural difference between the CD and a bond which is the interest that is paid at the time of …

We all know that CDs (Certificate of Deposits) are more attractive than traditional savings accounts owing to higher rates. The best part about CDs is that there are different plans for investments catering to different requirements. While you think of investing, you have to know the duration for which you can invest and the kind of growth you want and …

Certificates of Deposit or CDs are also known as Term Shares or Term Certificates. Almost every bank or credit union offers this type of deposit account. CDs offer higher interest rates than usual savings account. Nowadays, rates of interest which you can get from normal savings account are tenth or quarter percent. CDs allow you to earn a little more …

When the economy is down, and the rate of interest is on the lower side it is the perfect time to grow a CD ladder. The benefits of a CD ladder are that you can take advantage of the upsurge in market that will take place some way down the future. A CD ladder is best suited when the market …

The current economic scenario has resulted in large fortunes being literally wiped out from the face of the earth. People are losing jobs everyday and prices of assets are depreciating at unprecedented rates. At a time like this, traditional investment options are just not enough to beat the crisis. Certificates of deposits are one such investment option which is known …

A certificate of deposit is the best way to get the highest interest rate for the least possible risk. All you have to do is invest a certain amount of money in a certificate for a certain number of years. You will be promised a fixed interest rate which will be higher than a conventional savings account. The only difference …