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High-Yield CD Offers Can Be Bait for High-Commission Investments

Maybe you’ve seen ads promoting “High CD Yields!” that offer rates significantly higher than other bank products. The promotion certainly grabs your attention, and that’s what the promoters want. If you inquire about the certificate of deposit (CD), you may find yourself listening to a sales pitch and ultimately owning a very costly, potentially risky investment—something much different than a CD.

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