17
06
2007
Certificates of Deposit - What is it?
Posted by: Eric Hundin in , Estates, Wills, Trusts, Career Information, Blog CarnivalCommonly 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 time with the promise to repay the principal and interest to the depositor at the conclusion of the investment term.
Depending on the amount of money you invest, and t (more…)



Entries (RSS)