Converting Risk to Reliable Income
Certificates of deposit (CDs) allow the investor to benefit from a savings certificate that matures at a fixed date and is tied to a specified, fixed interest rate. Aside from the minimum investment requirements, a CD can be issued in any denomination.
In addition, funds are restricted until the date of maturity, allowing the investor to exchange liquidity for a higher return on investment. The longer an investor goes without having access to the invested funds is the more he/she earns interest as compensation. For this reason, long-term CDs typically present more favourable investment rates to match the risk taken.
Our team of financial advisors is prepared to assist you to convert risk into a reliable income stream!