A certificate of deposit, or CD, is an instrument used by banks to get clients to come in with cash that they want to earn interest on. The interest rate on CDs is often higher if the money if left with the bank for longer. Be aware of penalties for early withdraws of CDs with information from a registered financial consultant in this free video on investments.
Expert: Patrick Munro
Contact: www.northstarnavigator.com
Bio: Patrick Munro is a registered financial consultant (RFC) with outstanding sales volume of progressive financial products and solutions to the senior and boomer marketplace.
Filmmaker: Reel Media LLC
Duration : 0:1:15
