Maximize Returns with Certificate of Deposit CD Secrets
The Benefits of Investing in CDs
Investing in CDs comes with several advantages. Firstly, they offer a guaranteed return on investment, which makes them a safe haven for conservative investors. The fixed interest rate ensures that you know exactly how much you'll earn by the end of the term. Additionally, CDs are insured by the Federal Deposit Insurance Corporation (FDIC) for banks and the National Credit Union Administration (NCUA) for credit unions, up to $250,000 per depositor, per institution, providing peace of mind that your principal is protected1.