Certificates of deposit, with returns tied to the stock market, are back again. As in the past. A Reminder: Investment instruments of this kind really are too complicated for the average investor. They serve a purpose primarily for brokers who market them and not the true interest of investors.
If you want simplicity without headaches, you are always better off with plain-vanilla investments. Forget about the sharp-pencil boys who come up with the complicated stuff on Wall Street. If you want stocks or bonds buy them. If you prefer CDs, choose them. Avoid indexed CDs unless you really understand their terms..
Mixing the two in combination can be done in a portfolio, not as a package that can complicate your planning.
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