There's no simple answer to the question "Are short-term or long-term CDs better?" Instead, you have to reflect on your goals for the money saved and how comfortable you are with keeping your ...

Milan_Jovic / Getty Images People who use certificates of deposit (CDs) to store their money tend to do so to avoid the risk associated with market-based assets, such as stocks and bonds.

CDs and high-yield savings accounts both earn more than traditional savings accounts. CDs require you to lock in your money for the duration of your term. Fluctuating interest rates play a key ...

The stock market offers much higher returns if you buy and hold for years. CDs have their benefits, but they simply don't make sense for me (or lots of other people). A lot of people think ...

No-penalty CDs give savers more flexibility because if you need to withdraw money before the CD matures, you incur no penalty. In exchange, you earn a lower interest rate compared with other CDs.

Short-term CDs, like 3-month or 6-month CDs, can be good options for individuals who don’t want to commit to having their cash tied up for long periods of time. If you have shorter savings goals ...

The Federal Reserve meet on December 17-18 to determine if they need to cut rates for a third time this year. They previously met in November, where they cut rates by 25 basis points, or 0.25%.