Does anybody have any great advice on CD's and how to invest and get the most of your money?

I really don't know too much about Certificates of Deposits. I'm hoping to learn as much as I can. I want to be able to open an account and find a interest rate that would help me earn the most for my bucks. I want to be able to save for an allotted years and then take the money out.


Are there penalties to take your money out?


What exacly are CD's?


How much is the minimum you have to put into an account?


When is the best time to get a CD?


Do the interest rates fluctuate w/ the market?


Any and ALL....advice would be wonderful!Does anybody have any great advice on CD's and how to invest and get the most of your money?
These are certificates of deposits. You can earn money in what you invest!Does anybody have any great advice on CD's and how to invest and get the most of your money?
Talk to your banker-I got a 5% cd and enjoy the security of knowing that I won't lose a penny like I did in the stock market.