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Yes a Certificate of Deposit is a safe investment because:
a. The bank will return your money anytime you want
b. The value of your investment will never go down
c. The money will earn you a decent interest rate safely
d. The returns are guaranteed.
Wiki User
∙ 13y ago
Wiki User
∙ 14y agoThis depends on your risk tolerance. CDs are a very good investment when you have a set period of time to invest money. CDs are very low risk and you have your money tied up for a set period of time at a fixed rate. They often will have lower reward but that comes with less risk.
They are a good investment in the sense they are FDIC insured so all investments is secured up to one hundred thousand dollars. However the rate of return is very low so unless you are investing an astronomical amount the profit will be marginal at best.
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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
An organization that helps private individuals and corporations purchase stocks bonds certificates of deposit or notes is called?
an investment firm.
Who issues negotiable certificates?
Approved Commercial or Investment Bank issued Negotiable Instruments of Deposit (NID).
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.
Where can I go online to learn more about certificates of deposit?
Certificates of Deposit are a short term investment, insured by the FDIC, that pays a rate slightly higher than a savings account. Wikipedia has an outstanding article on CD's, check it out here: http://en.wikipedia.org/wiki/Certificate_of_deposit
What is the plural of certificate of deposit?
Certificates of deposit.
What is the highest rate for certificates of deposit?
The highest rate of Certificates of Deposit or CD according to Bankaholic website as of July 2012 is 0.290% in Ally Bank's which is compounded daily and is good for 3 months.
What are the ratings and certificates for The Deposit - 2010?
The Deposit - 2010 is rated/received certificates of: Australia:M
What the the advantages and disadvantages of a certificate of deposit?
Certificates of deposit are a good idea because they are a high interest deposit and offer a higher interest rate than a savings account and treasury bills and notes.
What is a 7 letter word for money for investment?
deposit
Why is a certificate of a deposit such a safe investment?
it is guarantee by the federal government.
Why is certificate of deposit considered such a safe investment?
it is guarantee by the federal government.
