An Introduction to Certificates of Deposit

Flickr/401(K) 2013

Flickr/401(K) 2013

If you keep a significant amount of money in a savings account, chances are that keeping risk to a minimum is important for you. But while savings accounts certainly are safe, they pay just about the lowest returns you can get in the investing world. Certificates of deposit (CDs) offer a reasonable alternative; they pay more than a savings account, but provide the same level of certainty that your balance will only increase, rather than suffer a market-based decline. Take a basic look at CDs, how they work and how you can buy them in my new article on Dividend.com: http://www.dividend.com/my-money/an-introduction-to-certificates-of-deposit-cds/

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