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CDs versus Bonds

- The Battle for Your Hard-Earned Cash

About CDs versus Bonds

The first step to becoming an investor is earning interest on your savings. There are many ways to save; you need only learn them. Banks offer certificates of deposit in terms of 1-month to two years (or more). However, these aren't long-term investment vehicles. You can purchase Treasury and Series "I" Bonds for up to 30 years; however, the FDIC does not protect your principle. Both investments have pros and cons, and you can't go wrong with either. I prefer Treasury Bonds over CDs because I love locking in rates for 30 years. But don't let me influence your decisions. Good Luck!

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  • Language:
  • English
  • ISBN:
  • 9798857990124
  • Binding:
  • Paperback
  • Pages:
  • 64
  • Published:
  • August 17, 2023
  • Dimensions:
  • 152x229x4 mm.
  • Weight:
  • 132 g.
Delivery: 1-2 weeks
Expected delivery: December 12, 2024

Description of CDs versus Bonds

The first step to becoming an investor is earning interest on your savings. There are many ways to save; you need only learn them.
Banks offer certificates of deposit in terms of 1-month to two years (or more). However, these aren't long-term investment vehicles.
You can purchase Treasury and Series "I" Bonds for up to 30 years; however, the FDIC does not protect your principle.
Both investments have pros and cons, and you can't go wrong with either. I prefer Treasury Bonds over CDs because I love locking in rates for 30 years. But don't let me influence your decisions. Good Luck!

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