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Should I use a short- or long-term certificate of deposit right now?

Por: CBS News Business December 29, 2023

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There are benefits to both types of CD terms — but a mixture may end up being the route to go. Getty Images If you've got a bit of cash you don't see yourself needing to use for a bit, a can be an excellent way to keep your money safe and earn solid interest. A CD is an interest-bearing account that offers a fixed rate of interest for agreeing to keep your money deposited for the full CD term. What that means is that even if the... + full article



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