answersLogoWhite

0

Are cd's good investments

Updated: 8/20/2019
User Avatar

Wiki User

11y ago

Best Answer

They are not investments at all; don't be putting a large percentage of your money into them. They are short-term cash instruments. Good to have some, but NOT as investments, unless you are interested in making bankers even richer than they already are, using YOUR money for THEIR investing.

User Avatar

Wiki User

11y ago
This answer is:
User Avatar

Add your answer:

Earn +20 pts
Q: Are cd's good investments
Write your answer...
Submit
Still have questions?
magnify glass
imp
Related questions

What is a Long term s and l investments?

cds


What are some investments that wont give you a high rate of return?

certificate of deposits (cds)


How Can You Find Good CD Rates?

Many people first consider buying a CD from their local bank. However, if you are like most people who have researched your local bank's CD rates, you may be rather disappointed by the low rate of return advertised on these CDs. CDs in general do have a rather low rate of return in comparison to other types of investments you may choose to purchase. Historically, investments like stocks, bonds, mutual funds and real estate have out-performed CDs. The lower yield of CDs comes with the low risk of this type of investment. While few investors will want to keep all of their assets in a lower yield investment like CDs, they do have a place in a well-rounded portfolio. By shopping around for good CD rates, you can increase your yield on these low risk investments.Online ShoppingWhile CD rates generally are lower than rates on other types of investments, some banks do offer a higher yield on CDs than other banks do. Comparing interest rates between various banks can help you to identify which bank offers the greatest return on your investment. Consider shopping online for interest rates to most easily find the highest rates. There are several excellent comparison sites online that you can use, or you can take time to visit the websites of different banks on your own to compare rates.The Best RatesWhen you start looking at different interest rates offered by various banks and financial institutions, you will find that the best rates are offered on CDs that meet certain criteria. Good CD rates are found on CDs with a higher initial investment as well as on CDs that have a longer term length. When investing in CDs, consider investing as much money as you can comfortably afford and that also well-diversifies your portfolio of investments. Also, consider investing an amount of money that you are comfortable investing for a longer period of time. When you consider CDs as years-long investments rather than months-long investments, you can enjoy a greater return. By keeping these valuable tips in mind, you can most easily find higher interest rates when investing in CDs.


Where can you buy naturally 7 cds?

Good taste in music! Itunes sells Naturally 7 Cds.


What do I need to know about high yield investments?

Yes, high yield investments which are also called junk bonds, are quite risky and that is why they pay higher yields. Safer investments will have lower yields, and include AAA and AA rated corporate bonds, government bonds, as well as Certificates of Deposit (CDs) among others.


Are good foreclosure investments still available in Colorado?

yes in colorado there are good foreclosure investments still available. you can check on this www.foreclosuredealscallyou.com


What are good investments on the money market?

Good investments on the money market include Treasury bills, certificates of deposit (CDs), and money market funds. These options generally offer low risk and relatively stable returns. It's important to assess your financial goals and risk tolerance before deciding which investment is best for you.


Disinflation as compared to inflation would normally be good for investments in?

Disinflation as compared to inflation would normally be good for investments in bonds or gold.


Where can someone purchase Ohio Express' CDs?

One of the better places to purchase Ohio Express CDs is Amazon.com. They offer a variety of these CDs at very good prices. They also offer used bargain prices for these cds.


How does an investment lawyer help with your investments?

This lawyer can help to analyze your risks. If you have significant investments this is a good asett to have.


What Country Day's had 155000. CDs pay 5.75 interest bonds 3 interest and stocks 6.8 interest. They invest 50000 more in bonds than in CDs. annual income investments is 7912.5. invested in each vehicl?

DC: 15000Bonds: 65000 Stocks: 75000.


Which stocks are currently good investments?

There are a few different stocks that are currently good investments, as of May 2013. Google is currently a very good stock to buy, as well as Microsoft.