When it comes to saving money, CDs (Certificates of Deposit) are one of the most popular and secure investments available. CDs offer a “guaranteed” rate of return, meaning that when you invest in a CD, you know exactly what your return will be - provided you have held it for the full term of the investment. While the return rate may not be as high as the volatile stock market, CDs often offer higher rates than popular money market investments. In addition to a fixed rate of return, CDs offer a variety of features and benefits tailored to fit individual needs.

One of the biggest benefits of CDs is their ability to provide an almost guaranteed return. With CDs, investors have the option to select a term that best suits their investment needs. This could be from three months to five years or more. While the CD rates tend to correlate with the length of the term, the rate is still fixed and not subject to the fluctuations of the stock market. This lower-risk feature makes CDs an attractive option for those investors who cannot afford to take on the risk associated with investments such as stocks and mutual funds.

CDs are also a great choice for individuals looking for liquid investments. Investors can