4 reasons a short-term CD makes sense now, according to experts
Locking in a long-term CD rate is wise right now, but there may also be big benefits to opening a short-term CD.
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Tim Maxwell is a freelance writer who covers investing, real estate, banking, credit education and other personal finance topics. Tim began his career as a broadcast journalist, covering breaking news events, conducting on-camera interviews and editing news packages for viewers. He later worked in various digital media roles for 20th Century Fox and NBC/Universal film studios. Tim's financial articles have been published in over 20 major media outlets, including CBS News, Newsweek, Bankrate and Fox Business. He earned a degree in mass communications from Fresno State University.
Locking in a long-term CD rate is wise right now, but there may also be big benefits to opening a short-term CD.
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