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Pathfinder: CDs
Resources for CDs
Certificates of deposit (CDs) are time deposits. When you choose a CD, the bank accepts your deposit for a fixed term—usually a preset period from six months to five years—and pays you interest until maturity. At the end of the term you can cash in your CD for the principal plus the interest you’ve earned, or roll your account balance over to a new CD. But you must tell the bank what you’ve decided before the CD matures. Otherwise the bank may automatically roll over your CD to a new CD with the same term at the current interest rate. And you might earn a better interest rate with a CD that has a different term, or one offered by a different bank.
The following resources are all available free online, or through SELCO libraries. Ask your local librarian if you have further research needs.
Subject Headings in the catalog
• Certificates of deposit -- Handbooks, manuals, etc.
Books
• Martin, J. Michael. Life After CDs: A Practical Guide to Safe Investing. The Financial advantage series. Chicago, Ill: Dearborn Financial Pub, 1993.
Magazines & Newspapers
• Investor's Business Daily.
Databases
• EBSCOhost - Business Source Premier. Search for the Subject Term “CERTIFICATES of deposit”
• ProQuest Newspapers. Includes Wall Street Journal & Barron’s.
Websites
All Smart Investing links are available at http://www.delicious.com/smartinvesting
