Special Report on
Investing In Certificate Of Deposits
Investing In Certificate Of Deposits - Trends
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Certificates of deposits can be an ideal vehicle because they're simple, safe and stable. They almost always offer better interest rates than savings accounts, and they're almost always backed by FDIC insurance. Problem is, rates aren't impressive at the moment. That's partly because so many investors have fled risk, and partly because banks, which use CD deposits to fund loans, aren't issuing many mortgages. The average annual yield on a six-month certificate of deposit with a $25,000 minimum recently stood at 2.05%, and money market rates were less than 1%, according to BankingMyWay.com. Brokered CDs ...
With all the talk about a recession (Are we headed for one? Are we already in a recession?), many people are unsure where the safest options are for investing their money. Stock values and retirement accounts are plummeting and whether or not you're in them for the long haul, you may still want to invest some of your money in investments that are considered "less risky" in an effort to combat the situation of the current economy. Certificates of Deposit are an option for a reasonably safe investment that also offers the opportunity to earn interest. It's a bit like ... Read More
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INVESTING IN CERTIFICATE OF DEPOSITS
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