As the end of September 2025 approaches, financial experts are urging investors to make strategic moves with their CD accounts before it's too late. According to a recent CBS News report, there are several mistakes that savers should avoid when managing their CD accounts, such as locking in low rates or neglecting to consider penalties for early withdrawals.
With a potential Fed rate cut on the horizon, now is the time for investors to consider shifting their $10,000 CD accounts to take advantage of more profitable options. Experts recommend exploring various options for maturing CD accounts, such as laddering, rolling over, or reinvesting in higher yielding accounts.
In a rapidly changing economic landscape, it’s crucial for investors to stay informed and proactive when it comes to managing their CD accounts. By taking action before the September deadline, savers can ensure they are making the most of their investments and setting themselves up for financial success in the future.
Category: Finance
Published on: 2025-09-05 18:12:27
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If you're looking to make some passive income, a Certificate of Deposit (CD) account might be the answer. According to recent reports, a $125,000 CD account will earn you a considerable amount now. In fact, in August 2025, a $25,000 CD will also bring in a decent profit. Even a smaller deposit of $10,000 can still yield a good return.
CD accounts are a popular investment choice for those looking to earn a guaranteed interest rate on their savings. With fixed terms and rates, they offer a low-risk option for people looking to grow their money over time.
So, how do they work? Well, when you deposit money into a CD account, the bank agrees to pay you a fixed interest rate for a set period of time, typically ranging from a few months to several years. The longer the term, the higher the interest rate.
While CD rates are currently low, they still offer a safe and reliable way to grow your savings. So, if you're looking to make your money work for you, consider opening a CD account and watch your savings grow.
Category: Finance
Published on: 2025-08-22 16:48:25
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How much interest will a $10,000 CD earn right now?, CBS News
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According to recent studies on personal finance, investing in CD accounts can be a lucrative way to save and earn money. In a comparison between different amounts, such as $500, $10,000, and $20,000, it was found that CD accounts can yield impressive returns.
For instance, a $500 CD account can earn $2.50 in just two months, while a $10,000 CD account can generate $100 in interest over six months. On the other hand, a $20,000 CD account can bring in $300 in interest over three months.
It is important to note that the longer the term of the CD account, the higher the interest rate and potential earnings. In a comparison between a 6-month and 3-month CD account with the same amount of $10,000 or $20,000, the results showed that the longer-term CD account had a higher return on investment.
Overall, investing in CD accounts can be a smart move for anyone looking to save and earn money. With the right strategy and amount, individuals can see their savings grow significantly over time.
Category: Finance
Published on: 2025-08-07 19:21:29
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When it comes to deciding where to invest your hard-earned money, the choice between a certificate of deposit (CD) and a high-yield savings account can be a tough one. CBS News recently conducted a series of analyses to determine which option could potentially earn you more interest.
In one comparison, a $10,000 6-month CD was put up against a $10,000 high-yield savings account. The results revealed that the CD outperformed the savings account in terms of earning potential.
Similar findings were observed in another study, this time with a $25,000 6-month CD and a $25,000 high-yield savings account. Once again, the CD came out on top as the more lucrative investment option.
Even in the scenario of a $20,000 short-term CD versus a $20,000 high-yield savings account, the CD was found to be the better choice for earning more interest.
The analyses, conducted in July 2025, suggest that CDs may offer higher yields compared to high-yield savings accounts, making them a potentially more attractive option for investors looking to maximize their savings.
Category: Finance
Published on: 2025-07-28 14:51:25
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$20,000 short-term CD vs. $20,000 high-yield savings account: Which earns more now?, CBS News
$25,000 6-month CD vs. $25,000 high-yield savings: Here's which could earn more interest, CBS News
$10,000 6-month CD vs. $10,000 high-yield savings account: Here's which could earn more interest, CBS News
Tags: cd vs. high-yield savings