Earlier this year, I moved some funds from my high-yield savings account to several CDs.
To earn the most of my savings and take advantage of all the best CD rates, I decided to employ the CD ladder strategy.
Laddering CDs gives you the best of both worldsA CD ladder is when you divide up savings into different CDs, each at varying term lengths.
I'm happier with the interest rates that come with early withdrawal penaltiesWhen I was researching CDs, I looked into several options, such as no-penalty CDs.
While there are other ways I can earn more on cash sitting in my account, I've opted for a CD ladder.
Persons:
I've, haven't
Organizations:
Service
Locations:
Wall, Silicon