"Top CD Investment Strategies to Maximize Returns Amid Falling Inflation"

TL;DR
Experts recommend five strategies for investing in certificates of deposit (CDs) to maximize returns: shopping around for the best rates, choosing CD terms based on liquidity needs, creating a CD ladder, purchasing long-term CDs to lock in rates, and reinvesting proceeds from matured CDs. These strategies can help optimize CD investments in the current high-rate environment, though it's also important to diversify assets.
Topics:businessfinance#cd-rates#federal-reserve#finance#financial-planning#investment-strategies#savings
- These are the 5 best strategies for investing in CDs right now, experts say CBS News
- Inflation just fell again. Here's why you should open a long-term CD now. CBS News
- CD rates today, July 15, 2024 (earn up to 5.40% APY) Yahoo Finance
- Lock in 5% CDs before the Fed starts cutting rates OCRegister
- The Best CDs to Guarantee Your Rate Until 2026, 2027, or Even Longer Investopedia
Want the full story? Read the original reporting
Read on CBS News