Certifitcates of deposit For The High Yield Investor
In general there are three types of bank deposits: checking accounts, savings accounts and certificates of deposits. The rate of interest you receive on certifitcates of deposit is presently between 4.7 percent per annum and 6 percent. Banks pay you up to 3 percent on certifitcate of deposits, sometimes less.* How then is the rate […]
