Interest rates are expected to drop later this year, making now a crucial time to secure a strong annual percentage yield (APY) on a certificate of deposit (CD). CDs offer a low-risk, predictable way to grow your money, and today’s best options provide APYs up to 4.65%. In a recent article for CNET, Chad Olivier, shares insights on why locking in a high CD rate today can be a wise financial decision.
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Information is provided by Chad Olivier and written by Kelly Ernst, a non-affiliate of Cetera Advisor Networks LLC. The opinions contained in this material are those of the author, and not a recommendation or solicitation to buy or sell investment products. This information is from sources believed to be reliable, but Cetera Advisor Networks LLC cannot guarantee or represent that is accurate or complete. The information being provided is strictly a courtesy.
