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...

image for Be Careful What You Post

Be Careful What You Post

NewsKid.jpgWe found this article written at the Fort Belvoir newspaper and decided to share as we feel this is a very important issue.

Last month's headlines proved that servicemembers are expected to behave on duty, off duty, in uniform and out, and even on social media.

First, there was the Facebook photo of an airman tongue-kissing a Prisoner of War-Missing in Action symbol, reported by the Army Times Feb. 14.

Then, there was the photo of Soldiers acting silly next to a casket, posted by a Wisconsin National Guardsman on an honors detail and the Intagram “selfie” of a Fort Carson, Colo., Soldier hiding in her car to avoid saluting the flag during retreat (reported by the Army Times Feb. 18 and Feb. 25, respectively).

Those servicemembers are facing investigations because their posts violated the Uniform Code of Military Justice.

image for Macho Money Definitions - What Is A Market Index?

Macho Money Definitions - What Is A Market Index?

vid_whatisindex.jpgWhat is a “market index?"  According the SEC, a market index tracks the performance of a specific "basket" of stocks considered to represent a particular market or sector of the world stock market or the economy.

 

There are indices for almost every conceivable sector of the economy and stock market.

USAA Certified Financial Planner, Scott Halliwell, does a great job in this video of giving a more thorough explanation of a market index with some examples.



 

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