If you're planning to put $100,000 or more into a CD, a jumbo CD might be a good choice. But keep in mind that some regular CDs pay even higher rates than jumbo CDs, so make sure to shop around ...

Alan Kohler has been a financial journalist for 46 years. He began as a cadet on The Australian covering the Poseidon boom and bust; has been a columnist for Chanticleer in the Australian ...