Do brokered CDs carry more risk than a CD issued at a bank?

In Banking - Cds - Asked by Admin - 8 months ago

Yes. For example, you may lose part of the principal if you if you cash in your CD before maturity. It is important to read the fine print when you buy a brokered CD.

Answered by Admin - 8 months ago

Tags: banking, banks, cd, banking cd, do brokered cds carry more risk than a cd issued at a bank?

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If you have cash sitting in the bank and are scared to invest it into something or have a reason not to invest a CD might be a good option. CDs are a way to make a higher percentage from the bank each year. CDs come in different time periods and rates. If you have questions about CDs or need the answer to questions like "do brokered cds carry more risk than a cd issued at a bank?" Zuuply.com can answer them or you can browse our archives.

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Do brokered CDs carry more risk than a CD issued at a bank?

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