A fixed-rate certificate of deposit (CD) is a way of investing where the interest rate is set or fixed over the entirety of the term. Once it matures or the term ends, the CD can either be withdrawn by the holder for cash or be rolled over into a new CD.
Tag: investing
The CEO of Citigroup Tries to School Warren Buffett on Business
By NCPPR, Special for TTUSA. After the nation’s leading conservative investor group confronted Citigroup’s leadership over the company’s campaign against the Second Amendment, Citi CEO Michael Corbat implied today that he knows more about business than famed investor Warren Buffett. Last March, Citigroup and other corporations capitulated to journalist Andre Ross Sorkin’s crusade…
On this Halloween Season, Fear of Investing is on the Rise
According to a new survey from Ally Invest, the online trading and automated investing arm of Ally Financial Inc., nearly two-thirds of survey respondents (65%) say they find investing in the stock market to be scary and/or intimidating, up from 61% in a similar survey during the same period last year. Fear is highest among…