Equity linked CDs are fairly new to the marketplace and very popular right now. While the investments might not be for everyone, risk averse investors like these CDs because they allow for the possibility of market growth without the worry of losing your principal in …
In Hometown News, Rick Bloom was asked whether a couple in retirement should use their $50,000 savings to purchase a fixed annuity or a CD given their individual situation. Bloom’s article “Fixed annuity can be good retirement plan tool,” contains his opinion that a fixed …
Many people have realized over the past few years that they don’t nearly have enough money to live out their retirement. During and after the financial crisis people were not only hit hard losing some of the investments and savings, they also took stock of …
According to a press release on Yahoo! Finance, “Bank of the West Introduces Market Linked CDs (MLCDs).” When you compare equity linked CDs with other investments, the main benefit is that you have the protection of FDIC insurance along with participation in the markets. Bank …
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