While anyone can invest in MLCDs and they are an excellent compliment to any well-balanced portfolio, there are a few specific types of investors who may benefit from market linked CDs the most. The Baron Group recommends Market Linked CDs mostly to retired individuals, families investing in college funds or any conservative, risk averse investors.
However, just like with any other investment decision, each individual overall investment goals need to be evaluated in order to determine the most effective investment strategy.
About the author:
Tim Mobley is the managing Agent of the Baron Group, a financial services firm helping Louisiana clients protect and grow their retirement savings, income planning that guarantees they won't outlive their money, and Social Security tax reduction strategies so that investments are coordinated from an income tax prospective. We are proud to operate in a private and secure IRS circular 230 compliant communications network for all federal and state tax documents.
Timothy Mobley is an Advocate for Veterans and resides in Monroe, LA. He has done numerous fundraising and charity events with the Leukemia and Lymphoma Society, Lance Armstrong Cancer foundation, and the Challenged Athlete Foundation. When he is not working he loves to play tennis, bike, golf, and spend time with his family. He is a dedicated Christian, husband, and father.