But if you aren’t planning to spend the funds for many years, a longer-term CD might work. For instance, if you plan to tackle a home renovation project six months from now, a short-term CD ...
The answer depends on your savings goals. Here's where CD rates sit right now and advice from rates and where one of our money experts is moving her money now that her CDs are maturing.
Then three months from now, you could do the same thing, and then do so every three months until you've invested all your money in CDs. The end result would be 20 CDs of $5,000 each, with one CD ...
Three-month CD rates aren't too common, but of those available, online banks tend to have the best. These CDs can be helpful in some savings strategies, such as CD ladders. Why trust NerdWallet ...