If you're planning to put $100,000 or more into a CD, a jumbo CD might be a good choice. But keep in mind that some regular CDs pay even higher rates than jumbo CDs, so make sure to shop around ...
Instead, you would sell your CD on the secondary market if you needed the money before your term ends. If you're looking to use CDs as part of your savings strategy, Edward Jones' brokered CDs may ...