Short-term investing in a time when inflation is on the rise and interest rates could change requires nimble decisions that involve a basic understanding of both the economy and the multiple ...
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 ...
With the Fed cutting rates recently, the best CD rates today may not last long. Grab a top APY of up to 5.11% before the ...
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 ...
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 ...
Certificate of deposit yields continue to decline this month, but that doesn’t mean savers can’t find elevated rates. As two more potential rate cuts loom, the question is: for how long? “Savers have ...
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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 ...
We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. Jen Hubley Luckwaldt has over 15 years of experience writing and editing personal ...
The Federal Reserve just cut the target federal funds rate by 0.25 percentage points. So what does that mean for CD investors? CD rates haven't fallen yet, but they're likely to drop very soon. And ...