A certificate of deposit is best for

money you want to put aside for a few months or years
money you may need at a moment's notice
retirement investing
storing mortgage payments

A certificate of deposit is best for "money you want to put aside for a few moths or years".

Explanation:

Certificate of deposit pays higher interest when a lump sum of money is left in the bank for few months or years.The money should be untouched for agreed number of years or months. It varies from bank to bank.Even credit union has the option to provide certificate of depositThe interest rate will be higher than the regular savings schemeYou can trust and invest since there is a return guaranteeIt does not lose value unless you break the agreement

Z-gadgets has developed a mini-laptop that will be marketed in developing countries. it is estimated that the requirement for the new product will start out slow and accelerate as the product becomes increasingly familiar to worldwide consumers. to begin to staff the new production facilities, the company should conduct a(n):   demand forecast