Maximizing Savings Yield in a Changing Interest Rate Environment
TL;DR Summary
CD ladders may capture higher yields while offering flexibility amid changing interest rates. A CD ladder involves splitting equal amounts of cash among multiple CDs with different maturity dates. As the shorter terms expire, you can invest the proceeds into longer-maturity CDs. While CD rates have recently been higher, many still aren't beating inflation, so it's important to have a diversified portfolio.
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