Dear Dr. Don, I was told by one bank that a certificate of deposit's interest yield is when money stays in the account to maturity and the rate is if you were to receive a monthly check for the ...

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A certificate of deposit can give you some much-needed security in an economy that feels anything but certain. Your CD rate is fixed when you open the account, so your returns are guaranteed for the ...

If you've got cash you can set aside for a period, a certificate of deposit can be a smart place to put it. Your rate is locked in when you open a CD, so your returns will stay the same even if rates ...