CDs can be part of your investment strategy
Last updated 5/17/2023 at 2:35pm
FALLBROOK – In the financial world, stocks and stock based mutual funds often get a lot of attention. And deservedly so because they often form the core of a portfolio. But to help achieve your goals, you may also want to consider a broader array of investments – one of which may be a certificate of deposit (CD).
As you may know, a CD earns interest on a lump sum for a designated period. You can purchase CDs whose maturities range from a few months to 10 or more years. Generally, the longer-term the CD, the higher the interest rate, although this isn’t always the case.
In recent years...
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