What are Certificates of Deposit (CD)? A certificate of deposit (CD) is a product offered by banks and credit unions that provides an interest rate premium in exchange for the customer agreeing to leave a lump-sum deposit untouched for a predetermined period of time.
Real estate is the land along with any permanent improvements attached to the land, whether natural or man-made—including water, trees, minerals, buildings, homes, fences, and bridges.
What is an Index? An index measures the price performance of a basket of securities using a standardized metric and methodology. Indexes in financial markets are often used as benchmarks to evaluate an investment's performance against.
A mutual fund is a type of investment vehicle consisting of a portfolio of stocks, bonds, or other securities.
Preferred stock has characteristics of both bonds and common stock which enhances its appeal to certain investors.