Easy to Open and Manage
Including CDs in your investment portfolio can add diversification. By diversifying your investments, you spread out your risk across different asset classes. CDs can serve as a stable component of your portfolio, balancing out riskier investments and providing stability during market fluctuations.
CDs come in different term lengths, ranging from a few months to several years. This allows you to choose a CD that aligns with your financial goals and time horizon. If you have a specific savings goal or need funds at a later date, CDs can be tailored to meet those requirements. Telco offers CDs ranging from 6-36 months. Click here for rates and terms.
Opening a CD is a straightforward process. You can open an account either online, or in person. Once the CD is open, it requires minimal management. You can sit back and watch your money grow until the maturity date.