Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

WSJ: What Are CDs Good For?

Friday, March 15, 2013 - 10:19 PM
From the WSJ
Low interest rates have undercut the appeal of certificates of deposit for years. Now, some fans of the plain-vanilla savings tools are turning to them as protection against the risk that rates will suddenly rise.

Read more (may need to use Google News to view article)

I described to the reporter the two risks with CDs in regards to early withdrawal. I had also mentioned what happened at Fort Knox FCU and at CEFCU. It looks like he didn't want to go too indepth on the risks.
6
Ken TuminKen Tumin5,471 posts since
Nov 29, 2009
Rep Points: 125,633
1. Saturday, March 16, 2013 - 12:38 AM
He did give you fair play though.
2
RicochetRicochet133 posts since
Jan 19, 2010
Rep Points: 364
Reply