Today, as we celebrate Independence Day here in America, it is important to also consider financial independence. Our Founders offered insight into political independence, of course, but many of them also had some very wise things to say about money. As you consider the freedoms we enjoy over a brat or two, and set off [...]
Certificates of deposit offer possibilities for savings. However, before you decide that your strategy should be heavy on CDs, it’s important to carefully consider your options. Whether you are planning for retirement, setting up an emergency fund, or trying to preserve some of your capital, CDs can make a useful addition to your portfolio. But [...]
One of the issues associated with investing in CDs (often for capital preservation) is that you can’t put more than the FDIC insured amount in CDs at the same bank. Once you reach that $250,000 limit at your bank, your protection is reduced. As a result, it becomes necessary to find another bank to open [...]
Today at Highest CD Rates Info, we are going to do a breakdown of the best CD rates available nationally according to term and annual percentage yield (APY). If you’re currently looking for a high interest CD, this list will show you where to get the best CD rates as well as deposit requirements. 1 [...]
If you are going to maximize your savings rate with a CD, it can help to know what kind of strategy you will employ. There are a number of CD strategies you can use to improve your yield rates, and boost your earnings. One of the most popular strategies, of course, is the CD ladder. [...]
Many of us know about the CD ladder, and the strategy that can help you as you work to build wealth using CDs while still getting access to rising interest rates, and a measure of liquidity. However, there are other CD strategies that you can employ, depending on your goals. The two are “barbell” and [...]
One of the things you can do to improve your retirement portfolio is to include CDs. However, as you plan for retirement, it is important to remember that CDs should probably not be the main focus of your efforts. That said, they really can be a helpful way for you to add a little safety [...]
One of the money strategies that many people turn to during times of economic upheaval is capital preservation. This is also a strategy that some people turn to when their risk tolerance is low. The idea behind capital preservation is just what it sounds like — making sure that your principal stays intact, rather than [...]