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A whole lot of money will be changing hands in the next couple of decades as baby boomers begin to leave inheritances to younger generations. The nation's 65 million Gen Xers alone are expected to...
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CD are offering exciting rates at over 5%, but does that doesn't mean you sell your stocks to jump into CDs. Advisors caution investors to stick to their long-term financial plans.
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There is no limit on how many CDs you can open, and it may be wise to open multiple with varying maturities as a CD ladder. But remember: CDs require you to lock up your money, or pay a penalty.
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CDs are offering tempting rates of over 5.00% right now. Anyone who wants to invest their savings to meet specific financial goals and beat inflation should buy CDs right now.
Gen X Americans stand to inherit $29.6 trillion by 2045. Only 12% think they'll see the money.