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"High-Yield Savings vs. CDs: Which is Best for Your Money?"
Manage episode 430909249 series 71998
High-yield savings accounts and certificates of deposit (CDs) offer different advantages for savers, with varying interest rates, accessibility, and terms. High-yield savings accounts typically provide more flexibility and easier access to funds, while CDs often offer higher interest rates for fixed terms. Understanding these differences can help individuals choose the best option based on their financial goals and liquidity needs.
Today's Stocks & Topics: ROKU - Roku Inc. Cl A, Market Wrap, HIG - Hartford Financial Services Group Inc., GM - General Motors Co., "High-Yield Savings vs. CDs: Which is Best for Your Money?", RCL - Royal Caribbean Group, Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline, PCE and Consumer Spending, Balancing a Portfolio, VRT - Vertiv Holdings LLC, PCAR - Paccar Inc., Insider Buying, OMF – One Main Holdings Inc., BMY - Bristol Myers Squibb Co., Passive Investing.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
1935 episoder
Manage episode 430909249 series 71998
High-yield savings accounts and certificates of deposit (CDs) offer different advantages for savers, with varying interest rates, accessibility, and terms. High-yield savings accounts typically provide more flexibility and easier access to funds, while CDs often offer higher interest rates for fixed terms. Understanding these differences can help individuals choose the best option based on their financial goals and liquidity needs.
Today's Stocks & Topics: ROKU - Roku Inc. Cl A, Market Wrap, HIG - Hartford Financial Services Group Inc., GM - General Motors Co., "High-Yield Savings vs. CDs: Which is Best for Your Money?", RCL - Royal Caribbean Group, Key Benchmark Numbers and Market Comments for: Treasury Yields, Gold, Silver, Oil and Gasoline, PCE and Consumer Spending, Balancing a Portfolio, VRT - Vertiv Holdings LLC, PCAR - Paccar Inc., Insider Buying, OMF – One Main Holdings Inc., BMY - Bristol Myers Squibb Co., Passive Investing.
Advertising Inquiries: https://redcircle.com/brands
Privacy & Opt-Out: https://redcircle.com/privacy
1935 episoder
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