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Just enter the initial investment amount, an estimated rate of return and how long you plan to invest. At edward jones, instead of trying to predict exact interest rate movements, we recommend a strategy called bond laddering to help you combat the potential for rising rates. Cds tend to be a good investment when interest rates are high and are expected to drop over the short or long term.
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But whether a cd is a good investment depends on your investing goals. Contact an edward jones financial advisor to discuss. You can buy certificates of deposit at your local bank, but edward jones offers another option to consider. This program offers a competitive interest rate and up to $5 million of fdic coverage ($10 million for joint accounts of two or more people).
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Any interest your cds pay can go straight into your money market or insured bank deposit account at edward jones on the same day it's paid. So you start earning interest right away. Current certificate of deposit rates. Interest will begin to accrue from the date of the loan and be charged to your account. Available only on certain types of accounts.
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