For the past couple of years, investors have watched CD rates climb to levels not seen in decades. However, with the Federal Reserve cutting the federal funds rate by a half-point in September ...
If you’re saving up for a car or a vacation, a CD may be ideal. Quick tip: If you’re waffling between different CD terms, you could create a CD ladder so you take advantage of multiple maturities.
CD laddering is a strategy where you open a number of CD accounts with different maturity dates. This lets you take advantage of the higher APYs many banks offer on longer-term CDs without locking ...