What is a certificate of deposit or CD?

May 17,2008

Helpful Financial Insurance Information

What is a CD?
        A CD, or Certificate of Deposit, is an investment usually made for a given period of time at a         fixed rate of interest. CDs are offered by financial institutions such as banks, and are often         offered by Insurance Agencies.
        Note: Insurance agencies often offer better interest rates than normal financial institutions         such as banks, so compare rates before Investing!

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    What is an annuity?

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