Certificates of Deposit

The name "CD ladder" sounds pretty cryptic, but they're really not so complicated. CD ladders can be a great tool for making the most of your cash, so let's take a close look at them.

What is a CD Ladder?

No doubt, when some of us hear the term "CD," we find ourselves thinking of our favorite music and artists (for me, it's Morrissey's "Vauxhall & I" which I just got from eBay for 99 cents).  But we're focusing on another kind of CD -- the kind that can make you money instead of take it from you: the certificate of deposit. 

What's a CD?