Since this is an investment site, we naturally talk frequently about various types of investments — risk investments in particular — and the need to achieve a balanced and diversified portfolio. That balance is usually achieved by holding a certain percentage of your portfolio in safe, interest-bearing investments like certificates of deposit or CDs.
Bonds, Fixed Income and CDs
Within any portfolio there should be fixed-income options that include, bonds, bond funds and certificates of deposit (CDs). You can reduce risk and gain slow but steady income with these safe, interest-bearing investments.
Bond. James Bond. The spy thriller movies are some of my all-time favorites, especially “Goldfinger“. He was connoisseur of fine wines, fine women, fine sports cars, and may have been good with investing. After all, his favorite game was baccarat, may have known that baccarat has some of the best odds at the casino.
Finding the best CD rates can be a time consuming process. Traditionally, you would have to look in your local newspaper or visit bank branches. While web sites like BankRate exist, they primarily display CD rates in which they get compensated, not truly the best rates for you. In addition, they primarily focus on national […]
Want some insight into why savings, CD rates and money market rates are low and about to get lower? The FDIC recently ruled banks that are not “well capitalized” will not be allowed to sell fixed investment products for more than 75 basis points (or 0.75%) above the national average. Whatever “well capitalized” means is […]