My job in the city on the financial markets leads me to research all kinds of financial products. Recently, Certificate of Deposit have been a favorite investment due to the guarantee that you will get your money back plus interest at the end of a fixed term; they are very stable investments.
Finding the highest CD rates takes some searching; many smaller banks offer CDs that have better rates than larger financial institutions - they have to to bring in the business. The highest CD rates usually come with longer term investments. Be sure to check the penalties before investing in a CD if you think there is any possibility of you withdrawing funds early.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment