The interest rate climate could soon be changing again. That was one of the possible takeaways this week after the inflation reading for April showed yet another drop. Now at just 2.3%, the pace of ...
There was a time when long-term CDs offered the highest rates, but that's changed over the past few years. An unpredictable rate climate (among other things) has led banks and credit unions to offer ...
The Fed cut rates, and more reductions may follow soon. Here are six CD strategies retirees should consider now to protect ...
Getting that first $1,000 in investable savings is a good milestone. But now what? Where's the best place to put that money so it continues to grow for you? With interest rates so great right now, a ...
Short-term, 6-month certificate of deposit yields are down 29 basis points in the past year to an average of just 1.51% APY, according to the latest government data. But banks and credit unions ...
A $20,000 investment in a 6-month CD could earn you about $460 if you got the best rates available now. A CD is a smart investment for people who want to keep a large sum of cash safe while earning a ...
Top 6-month CDs are still paying around 4.00% APY as of right now. But that may not last much longer. In its June meeting, the Federal Reserve held interest rates steady, with the next policy decision ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Sabrina Karl has over two decades of experience writing about savings, CDs, and ...
A 6-month certificate of deposit (CD) can be an excellent vehicle for short-term savings. Unlike in the stock market, your money is safely protected in an FDIC- or NCUA-insured account. You also won’t ...