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CDs Are More Risky Than You Think. Here's Why
Summary by The Motley Fool
1 Articles
1 Articles
CDs Are More Risky Than You Think. Here's Why
Image source: Getty Images CDs get talked about like they're the Fort Knox of saving money. You get a steady rate, guaranteed return, and your principal is protected (up to FDIC insurance limits).But that doesn't mean they're 100% risk free. CDs come with strings attached, and if life throws you a curveball (which it loves to do) those strings have annoying penalties.Here's what to watch out for.Early withdrawals can sting more than you expectWh…
·Alexandria, United States
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Total News Sources1
Leaning Left1Leaning Right0Center0Last UpdatedBias Distribution100% Left
Bias Distribution
- 100% of the sources lean Left
100% Left
L 100%
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