How FDIC Certificates Can Help You Save

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How FDIC Certificates Can Help You Save

A favored investment among those who want to avoid or hedge against risk are FDIC certificates of deposit, often better known as a CD. This is a special type of investment vehicle that is offered by a bank or other savings and lending institution, and usually bears a higher interest rate than a savings account. What makes these savings accounts so attractive is that they are almost risk-proof, since the FDIC will fully insure deposits up to $250,000. Here is a demonstration of how CDs can help you save.

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