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it is guarantee by the federal government.

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Ulises Koss

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Q: Why is a certificate of a deposit such a safe investment?
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Why is certificate of deposit considered such a safe investment?

it is guarantee by the federal government.


What are the dimensions of a safe deposit box?

certificate of deposit


Is CD investment risky?

No. CD stands for Certificate of Deposit which is a certificate issued by a bank after they accept the deposit from you. No matter what happens, this money will be returned to you on the date of maturity/completion of this deposit.


Are annuities a better investment than Certificates of Deposit?

Annuities may be a better investment than a Certificate of Deposit. The interest rate paid on an annuity is typcially higher than that paid on a Certificate of Deposit (CD). However a Certificate of Deposit is easier to set up - just visit your local bank. When the time comes to cash out a CD is also easier to close.


Certificates of deposits?

form_title=Certificate of Deposit form_header=You can safely make money on your investment by opening certificate of deposit account. What maturities of Certificates of Deposit (CDs) are you currently looking for?*= _[50] What investment amounts are you considering for your CD?*= _[50] Are you aware that there is a penalty for early withdrawal from a CD?*= () Yes () No


What is the difference between a high yield CD and a low yield CD?

I high yield certificate of deposit will help you earn the highest certificate of the deposit rate and it usually requires a high investment also with minimum deposit of $500.


What are the benefits of a certificate of deposit?

One of the benefits of a certificate of deposit is that you get a high interest rate then if you had a savings account. They are also FDIC insured so if the bank goes under your money is safe.


What is a certificate of deposit?

When you put money in a savings account, you can draw it out at any time. In a certificate of deposit, you agree to leave it in the bank for a certain period of time. They pay slightly higher interest because they know that money will be there for 3 months, 6 months, 1 year, etc. If you draw it out early, they reduce your interest.


Does CD Rate stand for Certificate of Deposit Rate?

Yes it does. It is the interest rate assigned to a certificate of deposit at the time it is purchased. They generally offer a fixed rate of return for a specified period, which then nominally increases with the amount or the term of the investment.


Is having a certificate of deposit a good way to invest your money?

Yes, having a certificate of deposit is a good way to invest your money if you are looking for a safe way and not expecting too much return.


What is the definition of a certificate of deposit?

An online certificate of deposit is a banking term referring to an online bank account. A certificate of deposit is a sum of money specified by the depositor at and interest rate offered by a banking establishment.


What is a IRA Certificate?

What is IRA certificate of Deposit? In such certificate of deposit, investor can own Roth IRAs or traditional IRAs together with CD inside their accounts. The terms and conditions of such certificate of deposit are same as a regular certificate of deposit. The only difference is that the fund is contained within IRA account. There are brokerage firms who help retiree to fix the terms of their IRA account, so that they can direct the investment funds to various risk and risk free domains to attain the best possible benefit. One can own certificate of deposit within the self-directed IRA account. Enhanced advantages of tax are involved within the certificate of deposit owned within the IRA account.