Tag Archive | "Certificates Of Deposit"

Which financial products are right for me?

Sunday, January 22, 2012

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Which financial products are right for me?

Financial products are simply instruments offered by the financial services industry that help you save or invest your money. There is such a wide variety of financial products to choose from that it can be difficult to know which ones you should purchase. Here are a few tips on selecting certain financial products to suit […]

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Retirement Savings Options

Wednesday, December 28, 2011

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Retirement Savings Options

Guaranteed Investment Contracts GICs for short, guaranteed investment contracts are fixed-income contracts issued by insurance companies as an investment option for 401(k) retirement plans. Another, more common, name for GICs is “stable value funds.” Like Certificates of Deposit, only tax-deferred, GICs pay a fixed-interest rate for a specified period of time (e.g. 3 to 5 […]

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CDs: Why Large Banks Are Ripping You Off

Saturday, September 11, 2010

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If you are thinking of saving money with a CD, you might be throwing away money by choosing a large bank to deposit with. CDs, or Certificates of Deposit, let account holders put away money for a fixed period of time and get a fixed return on their deposit. A recent trend has seen a […]

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