Why I Still Won't Touch a 5-Year CD With a 10-Foot Pole

·3 min read
Why I Still Won't Touch a 5-Year CD With a 10-Foot Pole

If you have money set aside for emergency expenses or situations, that cash should stay tucked away in a savings account. And while you could always cash out your CD early in that case, doing so will generally mean getting penalized to the tune of several months of interest.

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