Retirement Advisors Recommend Dividend Income for Retirement
One of the challenges numerous retirement advisors address with clients is generating income from dividend stocks while mitigating volatility. Unfortunately, typical stock dividends come with no assurances. Companies aren’t forced or required to pay them, and in tough economic times, companies could postpone their dividends at any time as their company needs dictate. Because there are no assurances for dividends, [...]
Categories: retirement advisor Tags: Bank CDs, dividend paying, retirement financial planning
CD Investing-Brokered CDs for Higher Rates
Thanks to the FDIC, millions of Americans are able to sleep peacefully at night, knowing that their savings are protected by government-backed insurance. Since the thirties, certificates of deposit have become synonymous with safety of principal. Bank customers who shop for CDs concern themselves only with the rates and terms that are available as CD investing is riskless within [...]
Categories: cd savings Tags: Bank CDs, CDs, certificates of deposit
Get a High CD Return but Be Aware
The attraction of a certificate of deposit (CD) is its higher interest rate over your bank’s regular savings account rate. Also, federal deposit insurance secures it up to $100,000 per institution ($250,000 if an IRA). CD returns today offer new options that seniors who seek short term secure investments should be aware of. CDs can play an important part of the conservative [...]
Categories: CD savings, retirement income Tags: Bank CDs, certificate of deposit
