Beware Of High-Yield CD Offers

Beware Of High-Yield CD Offers

A recent FINRA Alert “High-Yield CD Offers Can Be Bait for High-Commission Investments” reports…

Maybe you’ve seen ads promoting “High CD Yields!” that offer rates significantly higher than other bank products.  If you inquire about the certificate of deposit (CD), you may find yourself listening to a sales pitch and ultimately owning a very costly, potentially risky investment.

 

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