Archive for June 17th, 2007

Certificates of Deposit – What is it?

Sunday, June 17th, 2007

Commonly referred to as a CD, a Certificate of Deposit can be used as a short or long term investment. Domestic banks offer FDIC (Federal Deposit Insurance Corporation) insured Certificates of Deposit with higher rates of return than other investment options. The bank retains money for a specified period of ...

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