When you create a financial strategy for your business, don’t forget to include certificates of deposit (CDs) in your plan. These straightforward investments are simple to set up, involve little to no risk, and offer a solid return on your money. Perfect for busy business owners Most business owners have one thing in common: their… Read more »
Once you’ve decided to invest in a certificate of deposit (CD), it is in your best interest to find the best rates. When you open a CD, you agree to make an initial deposit and the bank guarantees a specified interest rate for the term you choose. CD rates are determined by three factors: The… Read more »
Although reliability and low risk are the major benefits of investing in CDs (certificates of deposit), there are specific ways to optimize your earnings for the greatest return on investment. CDs ask for a mutual commitment from the investor, who agrees not to access their money for a specified period of time, and the bank,… Read more »