If you'll need the money you're saving in the next five years, you have two big choices about where to put it: You could buy a certificate of deposit (CD), or you could put the money into a ...
When you buy CDs, you invest your money for a fixed period of time—six months, a year or several years, for example. In exchange for locking up your money for a period of time, you earn a higher ...
You can find certificates of deposit (CDs) with rates as high as 6% at a few financial institutions. However, these rates aren’t available at traditional banks. Typically, these high-yield 6% ...
If you work with a financial advisor or financial planner to manage your investments, you can ask them about buying brokered CDs. When evaluating where to buy brokered CDs, consider the reputation ...
MoMo Productions / Getty Images If you're looking to invest your money in a certificate of deposit (CD), you may be wondering what the best term is to buy right now. Well, that depends.