2 Artificial Intelligence Stocks You Can Buy and Hold for the Next Decade [Video]

Have you seen how high the APYs have gotten on certificates of deposit (CDs)? As of Jan. 21, 2024, some of the offers on our best CDs list were offering rates of up to 5.51% APY! With the Fed (possibly) getting ready to cut interest rates, now could be a good chance to lock in a high yield on a CD. But even though the APYs are tempting, I’m not convinced that opening a CD is the right move for my personal finances. And CDs might not be the right option for you, either.

Reasons Why I’m Not Opening Any CDs in 2024

1. Lack of Flexibility: I don’t want to lock up my money in a CD. Instead of a CD, putting your cash savings in a bank or credit union savings account gives you flexibility for using that cash.
2. High-Yield Savings Accounts:The best high-yield savings accounts pay high APYs too. With a high-yield savings account, you get APYs almost as high as (and …