Reported about 1 month ago
As $950 billion in CDs are set to mature in the coming months, savers face challenging decisions about rolling over investments which may yield lower rates than last year. With roughly $2.5 trillion maturing over the next year, financial experts advise against automatically renewing CDs and suggest exploring better rates with alternative banks or considering longer maturity options. Investors should remain mindful of reinvestment risks and consider a mix of short-term and long-term investment strategies.
Source: YAHOO