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Whether it's worth committing to a CD at a rate like that is up to you. Remember, the S&P 500's average annual return over the past 50 years is 10%, accounting for strong years and weak ones.
Whether there will be a rate cut announcement at that meeting or a future one in 2024 is up in the air. But if you like the idea of a CD at 5%, then your best bet is to open one between now and ...
Image source: Getty Images. For most of 2024, certificates of deposit (CDs) had been offering their highest rates in decades. If you shopped around, you could get a CD with a 5.50% APY or higher.
A certificate of deposit (CD) has long been considered a safe place to store cash. For years, CD interest rates hadn’t exactly been impressive, but they recently surged to levels not seen in ...
Lock in today's best rates in decades on certificates of deposits on a range of CD terms — from 6 months to 5 years. Best CD rates today: Enter 2025 with guaranteed yields of up to 4.27% APY on ...
Falling interest rates could definitely make CD yields fall, but the impact might be less than you think. Read on to learn more. Will Interest Rate Cuts Make CD Yields Plunge in 2025?