You can get one at a bank. It is short for certificate of deposit. It’s basically a high interest savings account that is difficult to access until it matures. They are at or above 4% now at some banks, so it is a relatively safe investment that is slightly higher than inflation.
You can get one at a bank. It is short for certificate of deposit. It’s basically a high interest savings account that is difficult to access until it matures. They are at or above 4% now at some banks, so it is a relatively safe investment that is slightly higher than inflation.