2324: MONDAY MASTERY - What You Need to Know About Laddering CDs by Dr. James M. Dahle
Optimal Finance Daily - Financial Independence and Money Advice
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How to Build a CD Ladder
A CD is simply a savings account with a term. Terms typically range from six months to 10 years. It will never lose principal due to market or interest rate fluctuations. The benefit of a ladder, at least a fully mature ladder, is that you're earning the interest rate for a five or ten year CD while still having access to some of your money every year penalty-free.
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