J.P. Turner Financial Services South Carolina
 
 

Brokered CD's Available 

Call 803-748-7666 for availability
 
For information purposes only, not intended as an offer or solicitation for the purchase/sale of any security, or a recommendation or endorsement of any security or issuer. Based on information generally available to the public from sources believed to be reliable, but we make no representation about the accuracy, completeness or timeliness of this information. Past performance is not indicative of future results. Prices and rates are subject to change and availability.
 
Brokered CD’s are not suitable for many investors. CD’s are most  suitable for purchasing and holding to maturity. Redeeming a brokered CD prior to maturity may result in loss of principal due to fluctuations in the interest rate, lack of liquidity, or transactions costs. Investors selling CD’s prior to maturity will get market prices, which may be a lower amount than your original principal investment. In non-retirement accounts, accrued interest on Brokered CD’s is subject to federal taxation as ordinary income. 
 
FDIC limits the amount insured (including principal and interest) for all deposits held in the same capacity per issuer to $250,000 per depositor, and $250,000 for retirement accounts. However, this insurance does not guarantee against market losses due to early redemption such as selling CD’s in the secondary market prior to maturity.
 
You should compare the rates of return and other features of these CD’s to other fixed income investments prior to making an investment decision. The rates paid with respect to the CD’s may be higher or lower than the rates on deposits or other instruments available directly from the Issuer or through the Firm. You should also conduct your own independent research before making an investment decision. Before making an investment decision you need to evaluate the suitability of such products for your individual circumstances. 
 
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Impact of Inflation

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