Maximize Returns with Certificate of Deposit CD Secrets
Strategies to Maximize CD Returns
To truly maximize returns on your CDs, consider employing strategies such as laddering, which involves dividing your investment across multiple CDs with varying maturity dates. This method allows you to take advantage of higher rates offered by longer-term CDs while still having some liquidity2. Another strategy is to shop around for the best rates; interest rates can vary significantly between institutions, so it's wise to compare offers before committing your funds.