BondsBONDS
The most common bond is a treasury bond where you loan money to the United States government money at a fixed interest rate. - There are several types of Government bonds - EE Bonds - E Bonds - I Bonds - Ect. -At any age you can invest in Bonds with no regulations. -Bonds are the lowest profit investment at the moment because of low interest rates on the bonds. Newer bonds may only have about 1% interest, older bonds may have upwards of 6% interest. |
Certificate of DepositCERTIFICATE
OF DEPOSIT -This ia a savings certificate you invest in at a bank that earns a fixed rate of interest for a set amount of time. - One of the lowest risk investments -Technical Definition- "a negotiable certificate issued by a bank in return for a deposit of money for a term of up to five years" |