A CD, or certificate of deposit, is a fixed income instrument purchased from a bank that allows the investor to give the bank a certain amount of money and earn interest on that money for a set period of time. Be aware of early withdraw penalties for CDs with information from a financial planner in this free video on investments.
Expert: Cathy Pareto
Contact: www.cathypareto.com
Bio: Cathy Pareto has an MBA, and is the founder and president of Cathy Pareto & Associates, Inc., based in Miami, Fla.
Filmmaker: Paul Muller
Hello Katty,
Can I rollover my work pension to a CD?
What are the average penalty fee percentages for braking the contract of a CD?
Vielo007 1 year ago