When saving money toward different financial goals, it’s important to consider where to keep it. For example, high-yield savings accounts and money market accounts can offer above-average interest ...
The financial strategy of creating a CD ladder may promote liquidity in your portfolio. "Laddering CDs — meaning, purchasing CDs with varying maturities, say in one month, three months, six months and ...
For example, if you have $2,000 to put in CDs, consider putting $500 each in a three-month, six-month, one-year, and two-year ...
With close to a decade of writing and editing experience, Maisha specializes in service journalism and has produced work in the lifestyle, financial services, real estate, and culture spaces. She uses ...
Angelica Leicht is the senior editor for the Managing Your Money section for CBSNews.com, where she writes and edits articles on a range of personal finance topics. Angelica previously held editing ...
Bank CDs offer a fixed interest rate for a stated period of time, without the market risk of losing the principal. While yields have been low for some time, they have been increasing as the Federal ...
Joshua Rodriguez is a personal finance and investing writer with a passion for his craft. When he's not working, he enjoys time with his wife, two kids and two dogs. Tax season is upon us and many ...
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What is a CD loan?
What is a CD loan? Learn what it is and how you can use your certificate of deposit as collateral. See the benefits, ...
Pros of Using a Certificate of Deposit for Savings There are several reasons why you may consider using a CD for managing your savings goals. Here are some of the main benefits or advantages of saving ...
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