What are the risks associated with a CD account?

What are the risks associated with a CD account?

Mitchell Freedman, CPA/PFS (CEO, MFAC Financial Advisors) gives expert video advice on: What kinds of bank accounts should I have?; How do I open a bank account?; How can I compare banks and the services they offer? and more...

People have to understand that with any financial instrument that they get, any investment, there's a certain degree of risk. Bank account deposits, including cerificates of deposit however, are as close to risk free as one can get.