Stashing Your Cash: What’s the Deal with CDs? Imagine you have some extra money sitting around, maybe from a bonus at work or a tax refund. You want it to grow, but you’re not ready to risk it in the stock market. What do you do? Enter the Certificate of Deposit (CD)! Think of a...
Lending Money to the Future: Understanding Bonds Ever heard of bonds and wondered what exactly they are? They sound complicated, right? But trust me, they’re not as intimidating as they seem! Think of them like a super-powered IOU. Essentially, a bond is a way for companies or governments to borrow money from investors (that’s you!)....