Have some extra cash lying around or sold some stock and have money in a brokers account in a money market account earning next to nothing? Why not place those funds in a savings account, bank money market account or certificate of deposit earning a higher interest rate than a brokerage account money market fund. [...]
Archive for the 'Certificate of Deposit Investing' Category
Investing in a certificate of deposit is one of the safest investments you can make as long as you keep your account deposit below $250,000. CD Rates are not earning that high of an interest rate right now but that will change. This is the maximum amount that the Federal Deposit Insurance Corporation (FDIC) will insure [...]