How Risky Are Certificates of Deposit?
Find out why CDs belong in your portfolio if you need to manage cash for the short term.
Find out why CDs belong in your portfolio if you need to manage cash for the short term.
Learn about the different investment options available to you in 2020 and how to use them to pursue your financial goals.
Certificates of deposit (CDs) appeal to many savers and investors because they offer fixed returns with almost none of the potential risk factors associated with other types of investments. The Federal Deposit Insurance Corp. also insures CDs for up to $250,000. Certificates of deposit have grown in popularity in recent years as the Federal Reserve… Continue reading Minding Your Bank: Why You Have to Be Careful When Your CD Matures
An emergency fund is money that you set aside for unexpected difficulties. Every financial plan should include emergency savings. It’s smart to cover emergency savings before directing money into investments or unnecessary spending.
Is borrowing to invest ever a good idea or is it insanely risky? The answer depends on several factors:
Some of us are well-positioned to borrow money to invest, while others should probably avoid this practice. Here’s how to evaluate potential investments and sources of funds to make a smart decision.
Learn how a CD ladder can work to your advantage, and how to set it up.
Income, financial obligations and other assets should all play a role in deciding how you invest a sum like this.