There are plenty of places to shop for the best C.D. rates, including Bankrate.com and MoneyAisle.
According to an article published by the NYT, as long as you don't invest more than the F.D.I.C. limits, you don't need to worry about loosing your money. The F.D.I.C. currently offers insurance of up to $250,000 per person per bank but that figure will fall to $100,000 for some types of accounts at the end of the year. Also, some off-shore C.D.s are not covered by the F.D.I.C.
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