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CD Rates Are Over 5% -- and I Still Think They're a Waste of Money
The Motley Fool· 5 days agoCertificates of deposit (CDs) are getting lots of attention right now, mainly because many have...
I Just Emptied My Savings Account for This Reason
The Motley Fool via AOL· 10 hours agoOnce that happens, I fully expect CD rates to go down. And I expect savings account rates to fall as well. So I wanted to lock in a great CD rate ...
CD Rates Are Near 5%. Here's Why I'm Still Not Tempted to Open One
The Motley Fool via AOL· 7 days agoAs long as you leave your money in the CD for the entire term, you'll get the full APY. For most...
How do certificates of deposit work? Understanding CDs — including 7 types for boosting your savings
AOL· 3 days agoTraditional CD A traditional or fixed-rate CD is a deposit account that provides a fixed interest ...
It's Been 35 Years Since CDs Offered This Rare Opportunity
The Motley Fool· 7 hours agoWhen you invest in certificates of deposit (CDs), you typically have to agree to lock up your money for a long time in order to get the most competitive rates. Right now, though, you have a ...
What is a jumbo CD? (Spoiler: Bigger isn't always better)
AOL· 6 days agoIRA CD. An IRA CD can offer the same benefits as a traditional CD if you’re saving for retirement,...
Top CD Rates Today, May 17, 2024 - Leaders Promise 5.40% or More for Up to 15 Months
Investopedia· 6 days agoTo combat decades-high inflation, the Federal Reserve aggressively hiked the federal funds rate...
I Just Emptied My Savings Account for This Reason
The Motley Fool· 10 hours agoWhen I had to take $12,000 out of my savings account last year for home repairs, I was grateful I had the money, but I also cried a little bit. As such, removing money from my savings isn't ...
This Underrated Savings Account With 5% APY Deserves a Closer Look
The Motley Fool via AOL· 15 hours agoAnd while CD interest rates are fixed (guaranteed for the length of the CD's term), money market...
2 Unexpected Advantages of CDs Over Savings Accounts
The Motley Fool via AOL· 3 days agoMy bank, for example, is giving me 4.25% APY on my savings, whereas its best CD rate right now is 5% for a 12-month term. For a $10,000 deposit, we're...