Investors looking for low-risk low-return investment opportunities do not need to look beyond money market funds. You can get such investment choices from banks, mutual funds, and brokerage firms. Since the return is low, people do not look at these funds as a long-term investment plan. As such, these are appropriate for short-term scenarios that are for less than 1-year …

Certificate of deposit (CD) is savings product that starts paying interest after 3 months-5 years. They pay specific interest rates in the form of Annual Percentage Rates (APR). Here below are different kind of CDs and their associated rates. Jumbo CD Rates When your CD balance exceeds $ 100,000, it is referred to as the Jumbo CD. Here the rates …