Macho Money Definitions - What Is A CD?

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Macho Money Definitions - What Is A CD?

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vid_whatiscd.jpgIf you hear someone use the letters “CD,” they are abbreviating the term “certificate of deposit.”  And according to Investopedia, a CD is A savings certificate entitling the bearer to receive interest.  A CD bears a maturity date, a specified fixed interest rate and can be issued in any denomination. CDs are generally issued by commercial banks and are insured by the FDIC.  The term of a CD generally ranges from one month to five years.

It can get a bit confusing, but for a more clear explanation with examples, click on the video and listen to Scott Halliwell from USAA.



 


See also...

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Feel Like a Man Volunteer Opportunity

We know the title sounds a bit sexist, but we just can't help it...because it's true!  We also know this is VERY late in posting, but we really just learned about these projects a couple weeks ago.  If you're looking for a great way to get out of the house and help your community, check out the Home Depot Foundation.  The pictures below are from a recent stop here in San Antonio where they helped rehab an old VFW just north of town.  We look forward to working with them in the future to help spread the word for next year's activities.  Until then, if you're in one of these cities...get off your butt and go help!

http://homedepotfoundation.org/page/cos-projects

MS-HDVolunteer.jpg

image for Man-to-Man with William McEvoy/Beating Depression

Man-to-Man with William McEvoy/Beating Depression

vid_man-william2.jpgDepression affects quite a few male military spouses and not everyone handles it the same way, some better than others.  In part two of William McEvoy's Man-to-Man interview, William shares how he has been able to successfully manage his own fight with depression.  We're not saying this is the best way to beat all forms of depression.  His strategy worked for him, it may not work for you.  Either way, this interview is a good place to start for those who feel they may need help.

 


 

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