Markets

Here’s exactly how to decide if you should put money in a CD

A CD is an FDIC-insured savings instrument that provides a safe, secure option to store savings you need in the future. While money you put in a CD grows with a fixed interest rate, you can’t take your money out before the term ends without paying a penalty. For that […]
Here’s exactly how to decide if you should put money in a CD
News

How Columbia House sold 12 CDs for as little as a penny

In the mid-90s, Columbia House and the BMG Music Service offered unbelievable deals on CDs. People joined these clubs for a penny and got a bunch of music almost for free as long as they promised to buy a certain amount of music at regular club prices. The offer represented […]
How Columbia House sold 12 CDs for as little as a penny