Ask the Dolans: How can I boost my CD returns?
byNov 13th 2009 10:00AM
Ken and Daria Dolan, America's first family of personal finance, answer your questions every Friday.
Click here to ask Ken and Daria your question.
Are you still licking your wounds after suffering big stock market losses? Looking for a safe investment in this tricky market? You're not alone.
After the brutal losses so many of us suffered in the market downturn, many investors -- especially those nearing retirement -- are looking for safer ways to grow their money. Today, the Dolans help a Walletpop reader make the most of her CDs without sacrificing safety.
Dear Ken and Daria,
I am 54-years-old and took a beating when the market nose-dived. My retirement funds are in shambles now and I am not getting back into the market at this late date. I would like your opinion on laddered CDs. I need something mega-safe.
For more advice on how to invest wisely and adjust your retirement planning in these tricky times, visit Dolans.com.