"Seizing the Opportunity: High-Yield CD Rates Still Available"

1 min read
Source: MarketWatch
"Seizing the Opportunity: High-Yield CD Rates Still Available"
Photo: MarketWatch
TL;DR Summary

Financial adviser Jeremy Keil is struggling to convince clients to lock into long-term CD rates at 5% as economic indicators point to a drop in interest rates. Despite the potential for rates to decrease, investors are still pouring money into fixed-income products, with CDs offering the highest rates for longer terms. Experts advise considering early withdrawal penalties, promotional rates, and laddering strategies when investing in CDs to navigate potential rate fluctuations.

Share this article

Reading Insights

Total Reads

0

Unique Readers

1

Time Saved

5 min

vs 6 min read

Condensed

93%

1,04571 words

Want the full story? Read the original article

Read on MarketWatch