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You just had a baby, and you would like to start a college fund using a certificate of deposit (CD). Right now, the yield curve
You just had a baby, and you would like to start a college fund using a certificate of deposit (CD). Right now, the yield curve for CDs is downward sloping, and it is predicted to be that way for at least the next three years. Based on this, which options would be the BEST choice for a CD? Get an 18-year CD that will mature when your child starts college. O Get a three-year CD, and then invest in a longer-term CD that will mature when your child starts college. Get a one-year, renewable CD and renew it each year until your child starts college. Get a one-year, renewable CD until the yield curve is upward sloping, and then invest in a longer-term CD that will mature when your child starts college
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