Owen Murray Contributes to an Article on the Safety of Certificates of Deposit

Horizon’s director of investments, Owen Murray, contributed to a recent article for usnews.com.  Author Wayne Duggan suggests that, with rising interest rates, Certificates of Deposit (“CDs”) should become a more popular investment.  Duggan does a good job of explaining how CDs work and their relative safety.  Owen agrees with Duggan’s longer term premise, but says,  ”Although CD yields have improved, they remain well below historic norms.  After adjusting for inflation, there still isn’t any real value created by owning CDs at today’s low yields.”  Time will make them more appealing.  The article is titled, “Why a Certificate of Deposit is a Safe Investment“.

To read the article, click here.


Horizon Advisors is a Houston based fee-only wealth management firm. Horizon specializes in helping successful individuals and families understand, organize, and manage their often complex financial situations. Horizon offers integrated financial planning and investment management services.

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