Por: CBS News Business January 04, 2024
Don't pass up the opportunity to maximize your returns with one of today's best 3-year CDs. Getty Images Right now, there is virtually no reason for your money to be sitting in a . For starters, the average savings account rate — and with inflation , you're effectively losing money by leaving your cash in a regular savings account.But that's hardly the only reason to consider an alternative. Another big reason to consider... + full article
CBS News USA Business August 24, 2023
The higher the rate, the more you'll earn over the CD's lifetime. Getty Images Investing in a is a smart way to safely grow your savings while earning a higher interest rate than traditional (and even some high-yield) savings accounts offer. And since CDs lock in... + más
Short-term vs. long-term CDs: Which is better in today's economy? | CBS News
Why you should open a short-term CD right now | CBS News
CBS News USA Business August 05, 2023
Some short-term CDs today can earn as much as 5.30% APY or more on balances. Getty Images Locking in a great can guarantee rates of more than 4.00% or even 5.00% APY for your entire term today. But with term lengths ranging from as little as three months to as long as 10 years,... + más
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CBS News USA Business June 22, 2023
Both short-term and long-term CDs have unique benefits in today's rate environment. Getty Images/iStockphoto In an economy still coping with and high , it can be difficult to find a good deal. Rates are higher on everything from personal loans to credit cards to mortgages.... + más
CD rates could soon peak. Here are 3 types to consider now. | CBS News
CBS News USA Business May 25, 2023
CDs with terms between six months and one year offer some of the best savings rates today. tamani chithambo/Getty Images Today's can help savers earn more on their balance over time. But to maximize your earnings, you'll want to make sure you choose the and your... + más
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MarketWatch USA Business April 16, 2023
As with many money questions, the (annoying) answer is that it depends on your financial goals and circumstances. But let’s narrow down what the right sum might look like for you.CDs are for some savings left untouched A certificate of deposit is a type of savings account. It... + más
For the first time in years, bank CDs are worth it | The Boston Globe
When Are CDs A Good Investment? | Forbes
The Boston Globe USA Business January 01, 2023
What a difference a year makes. Last year about this time, certificates of deposit were generally earning less than 1 percent in interest. But now many banks are advertising CDs that pay more than 4 percent, and they may well rise higher in coming months. People who are looking... + más
Surprise! CDs are back in vogue with Treasurys and I-bonds as safe havens for your cash | MarketWatch
Forbes USA Business November 13, 2022
Getty Images Key Takeaways Are certificates of deposit a good investment? The answer to that question depends on several factors, including how long you're willing to tie up your money and the current interest rate. The good news is you can build a CD ladder to overcome... + más
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