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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Are you looking to make the most out of your savings? With interest rates on the rise, it's important to know how much you can earn by choosing the right account.
According to CBS News, a $100,000 high-yield savings account is projected to earn around $900 in interest by the year 2025. On the other hand, a $150,000 certificate of deposit (CD) account is expected to earn approximately $2,278 in interest over the course of a year.
If you're wondering what a $150,000 high-yield savings account can earn at today's rates, the answer is around $1,125 in interest. This means that by choosing the right account, you could potentially earn hundreds or even thousands of dollars in interest each year.
By staying informed and taking advantage of high-yield accounts, you can maximize your savings and watch your money grow. So, if you're looking to earn more with your savings, be sure to consider the different options available and choose the account that best suits your financial goals.
Category: Finance
Published on: 2025-08-19 17:48:24
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