Macho Money Definitions - What Is A CD?

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Macho Money Definitions - What Is A CD?

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Image: – – Macho Spouse

 

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 Check out My Military Life

Check out My Military Life

We have had the opportunity to hang out with the Founder/Director of My Military Life, Wendy Poling, at three different events this year (Inc 500, NMSN , and USAA's Blogger Conference) and she is pretty damn cool. Wendy has been very generous with her time, knowledge, and experience as we try to build Macho Spouse into something special.

image for Beer Shopping Guide - The Beer Blogger

Beer Shopping Guide - The Beer Blogger

AaronB2.jpgYou're inside the store, so now what? With more stores providing more beers to choose from the task of beer shopping often leads to a paradox of choice for shoppers.

I believe going beer shopping should be a joyous occasion especially with the growing selection due to the surge of craft breweries in the U.S. Even if you are a naysayer that claims “I don't like beer” there is most likely an offering that will pleasantly surprise you.

However, the increased selection has also led to some confusion for consumers. For example, I often get asked how to select “good” beer by friends and even other shoppers.



 

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