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Quiz: What's your CD IQ?

By Dana Dratch • Bankrate.com

Do you know how to get the most bang for your CD buck? Pretty sure you know the basics? Or does the term "laddering" trigger visions of Home Depot?

Take this quick quiz and rate your own CD IQ.

After making your choice for each question, consult the answer key for the points (if any) you've earned for each answer and then see how you stack up.

Select an answer to advance.
What's your CD IQ?

 

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Dana Dratch is a freelance writer based in Atlanta
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Posted: March 24, 2010
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About this index
CDs Overnight Averages
Product Yield +/- Last week
6 month CD
0.41% 0.41%
1 yr CD
0.62% 0.62%
5 yr CD
1.23% 1.23%
1 yr jumbo CD
0.65% 0.64%
Compare rates:
ByDr. Don Taylor, Ph.D., CFA, CFP, CASL
Ask Dr. Don»
Don Taylorinvesting
Wall Street can be scary when investing for retirement. Here are ways to lower the risk.
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