Hi! Thanks so much for writing! My quick answer is "yes" - CDs, when compared to stocks and bonds, are very safe from risk from a financial standpoint. That said, they don't provide much return on investment that stocks and bonds potentially can. Whenever you have a safe place to put your money with very little risk that you might lose the principal (the amount you invested), you won't make a great return. As as ballpark idea of returns, yields for CDs in summer 2016 ranges from about 0.02% to maybe 1 % if you invest a lot of money for a long time (like $100K for 120 months).
My favorite info website for financial definitions is investor.gov. Their definition of CDs: "Certificate of deposit (CD) is a savings account that holds a fixed amount of money for a fixed period of time, such as six months, one year, or five years, and in exchange, the issuing bank pays interest. When you cash in or redeem your CD, you receive the money you originally invested plus any interest. Certificates of deposit are considered to be one of the safest savings options. A CD bought through a federally insured bank is insured up to $250,000. The $250,000 insurance covers all accounts in your name at the same bank, not each CD or account you have at the bank."
So there is almost no risk of loss. If you need the money you invest before the maturity date, you will have to pay a penalty to get the money back. The main risk with CDs is the risk that inflation will grow faster than your money, and lower your real returns over time.
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