Much has been written lately about the subject of Certificates of Deposit. A certificate of deposit is a very powerful investment tool but, some are kept away because it all seems a bit to good to be true.

What are Certificates of Deposit? In simplified terms a CD is a savings certificate entitling the bearer to receive interest.

Let's start with the certificate of deposit definition from the growing resource Wikipedia: What is a certificate of deposit? - http://en.wikipedia.org/wiki/Certificate_of_deposit The definition provided by Wikipedia is a good place for you to start, but let me just add to the information a little. If you have a large sum of money you have been hanging on to, perhaps waiting for the economy to improve or the stock market to settle down then CD