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High-yield CDs can help you lock in over 4% interest, even in a potential recession


Published on 2025-03-15 09:00:51 - Insider
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  • Right now, investing is risky because stocks are responding unpredictably to President Trump's tariff plans. CDs can be a low-risk way to lock in rates.

The article from MSN Money discusses the benefits of investing in high-yield Certificates of Deposit (CDs) during times of economic uncertainty, such as a potential recession. It highlights that despite the economic climate, high-yield CDs are currently offering rates over 4%, which is significantly higher than the national average for savings accounts. These CDs provide a fixed interest rate for a set term, offering stability and predictability in returns, which can be particularly appealing when other investment options might be volatile. The piece explains that by locking in these rates, savers can protect their money from potential interest rate drops and inflation, ensuring a guaranteed return. It also notes that while CDs require the money to be locked away for the term, the trade-off is the security and the higher yield, making them an attractive option for conservative investors or those looking to diversify their investment portfolio with a low-risk asset.

Read the Full Insider Article at:
[ https://www.msn.com/en-ca/money/personalfinance/high-yield-cds-can-help-you-lock-in-over-4-interest-even-in-a-potential-recession/ar-AA1AYo2F ]