Similar Stories to Are Certificates Of Deposit Worth It Right Now? on Bing News

Rates on certificates of deposit are finally rising. If you’re looking to kick-start your savings strategy, consider adding CDs to the mix. CDs are seen as safe bets for saving or investing since they are federally insured and returns are guaranteed. And when CD rates go up, as they have in the past year, you’ll earn... Spencer Tierney is a writer at NerdWallet.

Topics:  personal finance   
RELATED ARTICLES
BING NEWS:
  • These 5 Savings Accounts Pay Higher Rates Than Most CDs
    CDs aren't the only way to get a big return on your money. Take a look at five high-yield savings accounts that could earn you even more.
    05/4/2024 - 1:09 am | View Link
  • Dave Ramsey Says CDs Are Just Glorified Savings Accounts. Here's Why He's Wrong
    Dave Ramsey is wrong about CDs because they have plenty of benefits savings accounts don't offer. Find out why the financial guru is misguided.
    05/3/2024 - 10:30 pm | View Link
  • Looming Tax Deadline: Here Are Some Key Income Tax Deadline Dates For May 2024; Don't Miss The Details
    May is here, and with it comes a fresh set of deadlines for income tax in India. Missing these deadlines can lead to penalties and unwanted chaos, so staying informed is crucial. To help you navigate ...
    05/3/2024 - 5:10 pm | View Link
  • Florida credit unions now can take part in $34 billion-plus state deposit program
    Credit unions in Florida now are able to become public depositories, thanks to a newly signed law. Click to see why access to more than $34.64 billion in state deposits is a big deal for them.
    05/2/2024 - 6:30 pm | View Link
  • Money Minute: Getting paid through certificates of deposit
    5 EYEWITNESS NEWS anchor Paul Folger found that certificates of deposit, or CDs, are paying more right now than they have in years. A CD basically lets the bank use your money for a term, say a year, ...
    05/2/2024 - 1:26 pm | View Link
  • More